£232,861
This estimated value is based upon the latest sale price for the house of £185,000 on 28 Feb 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £185,000 | 28 Feb 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 February 2018 the House Price Index for EAST SUSSEX was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £185,000 results in an estimated price of approximately £232,861.
| 28 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £185,000 | £47,861 | £232,861 |
The Postcode Pricing Model uses changes in average sales price within the TN37 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 | 25.928 % | £47,966 | £232,966 |
| 3 Month Average | 11.827 % | £21,879 | £206,879 |
| 6 Month Average | 30.697 % | £56,789 | £241,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £140,000 | £140,000 | FLAT 2 99 LONDON ROAD |
| 3 May 2024 | £212,000 | £212,000 | SECOND FLOOR FLAT 123 LONDON ROAD |
| 19 Dec 2023 | £185,706 | £180,000 | FLAT 4 115 LONDON ROAD |
| 1 Sep 2023 | £475,482 | £465,000 | 70 ALEXANDRA ROAD |
| 8 Aug 2023 | £256,629 | £252,000 | SECOND FLOOR FLAT 133 LONDON ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 11 Jan 2017. Using an estimated price of £232,861 means this house is valued at £3,528 per sq meter (£327 per sq foot).
The average size of a house on LONDON ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Southwater Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Southwater Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Southwater Road |
| Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Southwater Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Southwater Road |