£534,412
This estimated value is based upon the latest sale price for the house of £113,000 on 5 Jun 1998. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £113,000 | 5 Jun 1998 |
| £59,700 | 26 Aug 1997 |
| £49,950 | 9 Jul 1997 |
| Terraced |
| Freehold |
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 June 1998 the House Price Index for EAST SUSSEX was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £113,000 results in an estimated price of approximately £534,412.
| 5 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 149.7 | 372.931 % | £113,000 | £421,412 | £534,412 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 594.525 % | £671,813 | £784,813 |
| 3 Month Average | 468.611 % | £529,530 | £642,530 |
| 6 Month Average | 437.659 % | £494,555 | £607,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £441,333 | £437,500 | 3 ST NICHOLAS LANE |
| 16 Aug 2023 | £380,869 | £374,000 | 1 ST NICHOLAS LANE |
| 30 Mar 2023 | £1,016,984 | £1,000,000 | 10 LANSDOWN PLACE |
| 23 Mar 2023 | £381,369 | £375,000 | FLAT 7 THE PRINTWORKS ST NICHOLAS LANE |
| 10 Feb 2023 | £619,136 | £615,000 | 5 WALWERS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lansdown Place |
| Oct 2024 | Other theft | Under investigation | On or near Parking Area |
| Oct 2024 | Other theft | Under investigation | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near Parking Area |