£369,093
This estimated value is based upon the latest sale price for the house of £340,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £340,000 | 17 Sep 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 September 2021 the House Price Index for EAST SUSSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £340,000 results in an estimated price of approximately £369,093.
| 17 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £340,000 | £29,093 | £369,093 |
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 | -22.726 % | £-77,267 | £262,732 |
| 3 Month Average | -3.392 % | £-11,533 | £328,466 |
| 6 Month Average | -14.531 % | £-49,405 | £290,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £392,047 | £380,000 | 48 SELMESTON ROAD |
| 6 Apr 2023 | £317,947 | £312,000 | 5A TWINEHAM ROAD |
| 16 Jan 2023 | £436,165 | £435,000 | 6 TILGATE CLOSE |
| 22 Aug 2022 | £386,809 | £385,000 | 53 ERIDGE ROAD |
| 30 Sep 2021 | £575,352 | £530,000 | 33 PARK AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 May 2021. Using an estimated price of £369,094 means this house is valued at £5,767 per sq meter (£535 per sq foot).
The average size of a house on SELMESTON ROAD is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Park Avenue |
| Sep 2024 | Anti-social behaviour | On or near Rangemore Drive | |
| Sep 2024 | Anti-social behaviour | On or near Rangemore Drive | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |