£608,928
This estimated value is based upon the latest sale price for the house of £490,000 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£490,000 | 19 Dec 2018 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 December 2018 the House Price Index for EAST SUSSEX was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £490,000 results in an estimated price of approximately £608,928.
19 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £490,000 | £118,928 | £608,928 |
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 | 66.103 % | £323,904 | £813,904 |
3 Month Average | 38.187 % | £187,114 | £677,114 |
6 Month Average | 22.657 % | £111,019 | £601,019 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £367,000 | £367,000 | 4 FAIRWAYS CLOSE |
18 Jan 2023 | £436,165 | £435,000 | 9 FAIRWAYS CLOSE |
13 Sep 2022 | £564,623 | £565,000 | 13 RODMELL ROAD |
22 Apr 2022 | £1,296,777 | £1,250,000 | SHEPS CUCKMERE ROAD |
17 Dec 2021 | £566,637 | £525,000 | 35 CUCKMERE ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 14 Sep 2018. Using an estimated price of £608,928 means this house is valued at £4,910 per sq meter (£456 per sq foot).
The average size of a house on RODMELL ROAD is 176 sq meters (1,904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Fairways Road |
Sep 2024 | Anti-social behaviour | On or near South Way | |
Sep 2024 | Anti-social behaviour | On or near South Way | |
Sep 2024 | Anti-social behaviour | On or near South Way | |
Sep 2024 | Anti-social behaviour | On or near South Way |