£619
This estimated value is based upon the latest sale price for the house of £600 on 24 Mar 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Silver Strand West
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| Price Paid | Date |
|---|---|
| £600 | 24 Mar 2022 |
| £310,000 | 24 Sep 2013 |
| £333,000 | 26 Jun 2007 |
| £230,000 | 31 Aug 2001 |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 March 2022 the House Price Index for EAST SUSSEX was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £600 results in an estimated price of approximately £619.
| 24 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £600 | £19 | £619 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 0.105 % | £0 | £600 |
| 3 Month Average | 144.894 % | £869 | £1,469 |
| 6 Month Average | 59.026 % | £354 | £954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £331,119 | £330,000 | 60 PHOENIX DRIVE |
| 6 Jun 2023 | £438,556 | £435,000 | APARTMENT 6 MALDEN REACH, 40 PHOENIX DRIVE |
| 25 Jul 2022 | £449,393 | £450,000 | 29 SILVER STRAND WEST |
| 7 Jul 2022 | £394,467 | £395,000 | APARTMENT 5 MALDEN REACH, 40 PHOENIX DRIVE |
| 1 Apr 2022 | £615 | £600 | 20 SILVER STRAND WEST |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 23 Apr 2013. Using an estimated price of £619 means this house is valued at £4 per sq meter (£0 per sq foot).
The average size of a house on SILVER STRAND WEST is 129 sq meters (1,390 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Silver Strand West | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Silver Strand West |
| Mar 2024 | Anti-social behaviour | On or near Pierpoint Mews | |
| Mar 2024 | Anti-social behaviour | On or near Pierpoint Mews | |
| Feb 2024 | Anti-social behaviour | On or near Phoenix Drive |