£362,795
This estimated value is based upon the latest sale price for the house of £275,000 on 13 Oct 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 13 Oct 2016 |
| £67,500 | 23 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2016 the House Price Index for EAST SUSSEX was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £275,000 results in an estimated price of approximately £362,795.
| 13 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £275,000 | £87,795 | £362,795 |
The Postcode Pricing Model uses changes in average sales price within the BN25 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 | 32.693 % | £89,906 | £364,906 |
| 3 Month Average | 34.287 % | £94,290 | £369,290 |
| 6 Month Average | 31.428 % | £86,428 | £361,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £200,678 | £200,000 | 9 RICHMOND COURT RICHMOND ROAD |
| 10 Feb 2023 | £343,376 | £345,000 | 11 RICHMOND ROAD |
| 27 Jan 2023 | £242,867 | £245,000 | 14 DANNFIELDS HOUSE RICHMOND ROAD |
| 21 Nov 2022 | £468,896 | £476,500 | 63 DANE ROAD |
| 18 Jul 2022 | £394,467 | £395,000 | 52 DANE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 3 May 2016. Using an estimated price of £362,796 means this house is valued at £4,170 per sq meter (£387 per sq foot).
The average size of a house on RICHMOND ROAD is 73 sq meters (794 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Richmond Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |