£418,952
This estimated value is based upon the latest sale price for the house of £95,000 on 21 Jun 1999. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£95,000 | 21 Jun 1999 |
£69,000 | 5 Dec 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 88 sq meters or 947 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 June 1999 the House Price Index for EAST SUSSEX was 33.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 341.003%.Applying this 341.003% change to the original purchase price of £95,000 results in an estimated price of approximately £418,952.
21 Jun 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 149.7 | 341.003 % | £95,000 | £323,952 | £418,952 |
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 | 196.097 % | £186,291 | £281,291 |
3 Month Average | 329.112 % | £312,656 | £407,656 |
6 Month Average | 340.811 % | £323,770 | £418,770 |
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 |
2 Feb 2023 | £317,118 | £315,000 | FLAT 11 MERLSWOOD MEADS ROAD |
30 Nov 2022 | £253,813 | £255,000 | FLAT 8 59 BLACKWATER ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 Feb 2014. Using an estimated price of £418,953 means this house is valued at £4,760 per sq meter (£442 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 | 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 |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Granville Road |