£262,043
This estimated value is based upon the latest sale price for the house of £215,100 on 22 May 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £215,100 | 22 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 May 2020 the House Price Index for EAST SUSSEX was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £215,100 results in an estimated price of approximately £262,043.
| 22 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £215,100 | £46,943 | £262,043 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | -1.919 % | £-4,128 | £210,971 |
| 3 Month Average | 2.024 % | £4,353 | £219,453 |
| 6 Month Average | 16.570 % | £35,642 | £250,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £253,251 | £250,000 | 87 MILL ROAD |
| 3 Nov 2023 | £562,218 | £555,000 | 62 MILL ROAD |
| 23 Mar 2023 | £231,250 | £230,000 | 3 GEERING PARK |
| 6 Mar 2023 | £412,228 | £410,000 | 4 THE ACORNS |
| 31 Jan 2023 | £307,301 | £310,000 | 89 MILL ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 22 Feb 2017. Using an estimated price of £262,044 means this house is valued at £2,944 per sq meter (£273 per sq foot).
The average size of a house on GEERING PARK is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Hamlins Park Close |
| Apr 2024 | Anti-social behaviour | On or near Hamlins Park Close | |
| Mar 2024 | Other crime | Under investigation | On or near Hamlins Park Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hamlins Park Close |
| Jan 2024 | Other theft | Under investigation | On or near Hamlins Park Close |