£233,397
This estimated value is based upon the latest sale price for the house of £215,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £215,000 | 27 Sep 2021 |
| £122,500 | 14 Feb 2005 |
| £52,250 | 31 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for EAST SUSSEX to estimate the market value.
When this house was purchased in September 2021 the House Price Index for EAST SUSSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £215,000 results in an estimated price of approximately £233,397.
| 27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £215,000 | £18,397 | £233,397 |
The Postcode Pricing Model uses changes in average sales price within the BN20 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -23.408 % | £-50,327 | £164,672 |
| 3 Month Average | 18.870 % | £40,570 | £255,570 |
| 6 Month Average | 2.778 % | £5,973 | £220,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £255,000 | £255,000 | FLAT 21 MERLSWOOD MEADS ROAD |
| 9 Jun 2023 | £382,669 | £375,000 | FLAT 7 BOYNE HOUSE, 55 BLACKWATER ROAD |
| 28 Apr 2023 | £300,623 | £295,000 | FLAT 3 FULBOURNE HOUSE, 56 BLACKWATER ROAD |
| 22 Mar 2023 | £213,567 | £210,000 | FLAT 1 FULBOURNE HOUSE, 56 BLACKWATER ROAD |
| 2 Feb 2023 | £317,118 | £315,000 | FLAT 11 MERLSWOOD MEADS ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Apr 2021. Using an estimated price of £233,397 means this house is valued at £2,778 per sq meter (£258 per sq foot).
The average size of a house on MEADS ROAD is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Saffrons Park |
| May 2024 | Anti-social behaviour | On or near Naomi Close | |
| May 2024 | Anti-social behaviour | On or near Naomi Close | |
| May 2024 | Anti-social behaviour | On or near Naomi Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Granville Road |