£468,569
This estimated value is based upon the latest sale price for the house of £82,000 on 31 Jan 1996. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £82,000 | 31 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 January 1996 the House Price Index for EAST SUSSEX was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 471.427%.Applying this 471.427% change to the original purchase price of £82,000 results in an estimated price of approximately £468,569.
| 31 Jan 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 471.427 % | £82,000 | £386,569 | £468,569 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 863.985 % | £708,467 | £790,467 |
| 3 Month Average | 725.407 % | £594,833 | £676,833 |
| 6 Month Average | 683.849 % | £560,756 | £642,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £505,534 | £490,000 | 16 HANOVER MEWS |
| 1 Dec 2023 | £598,387 | £580,000 | 83 HANOVER STREET |
| 11 Oct 2023 | £486,806 | £475,750 | 70 HANOVER TERRACE |
| 5 Oct 2023 | £575,572 | £562,500 | 42 HANOVER STREET |
| 24 Aug 2023 | £509,184 | £500,000 | 23 HANOVER STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 29 Jun 2020. Using an estimated price of £468,570 means this house is valued at £6,507 per sq meter (£604 per sq foot).
The average size of a house on HANOVER MEWS is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Hanover Mews |
| Oct 2024 | Shoplifting | Under investigation | On or near Hanover Mews |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hanover Mews |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Hanover Mews |