£252,400
This estimated value is based upon the latest sale price for the house of £200,000 on 18 Oct 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 18 Oct 2017 |
| £124,000 | 2 Dec 2011 |
| £52,000 | 21 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 616 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 October 2017 the House Price Index for EAST SUSSEX was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £200,000 results in an estimated price of approximately £252,400.
| 18 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £200,000 | £52,400 | £252,400 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 7.199 % | £14,397 | £214,397 |
| 3 Month Average | 5.549 % | £11,097 | £211,097 |
| 6 Month Average | 22.010 % | £44,019 | £244,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £264,312 | £262,000 | 24 OTHAM PARK |
| 31 Jan 2023 | £308,547 | £310,000 | 89 MILL ROAD |
| 19 Aug 2022 | £338,090 | £339,000 | 101 MILL ROAD |
| 26 May 2022 | £316,463 | £310,500 | 105 MILL ROAD |
| 18 May 2022 | £315,953 | £310,000 | 92 SWAN ROAD |
This house has a floor area of 57 sq meters or 616 sq feet when measured on 16 Sep 2009. Using an estimated price of £252,400 means this house is valued at £4,404 per sq meter (£409 per sq foot).
The average size of a house on MILL ROAD is 68 sq meters (741 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Tower Crescent |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tower Crescent |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tower Crescent |
| Mar 2024 | Anti-social behaviour | On or near Observatory View | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Observatory View |