£440,446
This estimated value is based upon the latest sale price for the house of £363,000 on 26 Mar 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £363,000 | 26 Mar 2020 |
| £268,000 | 21 Jul 2009 |
| £275,000 | 1 Mar 2005 |
| £125,000 | 1 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 March 2020 the House Price Index for EAST SUSSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £363,000 results in an estimated price of approximately £440,446.
| 26 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £363,000 | £77,446 | £440,446 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | -15.215 % | £-55,231 | £307,768 |
| 3 Month Average | 10.092 % | £36,632 | £399,632 |
| 6 Month Average | 15.414 % | £55,951 | £418,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £415,548 | £405,000 | 3 SELWYN ROAD |
| 2 Oct 2023 | £40,930 | £40,000 | 17 ENYS ROAD |
| 27 Jan 2023 | £180,482 | £180,000 | FLAT 11 GLENTHORNE HOUSE ARUNDEL ROAD |
| 6 Apr 2022 | £230,308 | £222,000 | FLAT 4 MONTCLARE HOUSE, 28 UPPERTON ROAD |
| 22 Dec 2021 | £178,086 | £165,000 | FLAT 10 GLENTHORNE HOUSE ARUNDEL ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 May 2018. Using an estimated price of £440,447 means this house is valued at £5,371 per sq meter (£499 per sq foot).
The average size of a house on RICHMOND PLACE is 123 sq meters (1,326 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Place |
| Sep 2024 | Burglary | Under investigation | On or near Bernard Lane |
| Sep 2024 | Vehicle crime | Under investigation | On or near Bernard Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bernard Lane |
| Oct 2024 | Drugs | Under investigation | On or near Upperton Road |