£280,058
This estimated value is based upon the latest sale price for the house of £260,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 12 Nov 2021 |
| £164,950 | 14 Nov 2006 |
| £23,500 | 23 Feb 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 November 2021 the House Price Index for EAST SUSSEX was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £260,000 results in an estimated price of approximately £280,058.
| 12 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £260,000 | £20,058 | £280,058 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 54.489 % | £141,670 | £401,670 |
| 3 Month Average | 5.912 % | £15,370 | £275,370 |
| 6 Month Average | 0.594 % | £1,543 | £261,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £333,025 | £331,000 | FLAT 2 41 SPRINGFIELD ROAD |
| 23 Jun 2023 | £272,207 | £270,000 | FLAT 4 41 SPRINGFIELD ROAD |
| 25 Feb 2022 | £266,337 | £255,000 | 29D SPRINGFIELD ROAD |
| 30 Nov 2021 | £53,857 | £50,000 | 78 SPRINGFIELD ROAD |
| 12 Nov 2021 | £280,058 | £260,000 | GROUND FLOOR FLAT 104 SPRINGFIELD ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 28 Oct 2016. Using an estimated price of £280,058 means this house is valued at £6,364 per sq meter (£591 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Springfield Road |
| Apr 2024 | Drugs | Under investigation | On or near Springfield Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Springfield Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Springfield Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Road |