£264,109
This estimated value is based upon the latest sale price for the house of £232,000 on 28 May 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £232,000 | 28 May 2021 |
| £7,500 | 27 Feb 2020 |
| £137,500 | 27 Feb 2020 |
| £167,500 | 6 Sep 2019 |
| £250,000 | 27 Mar 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 777 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 May 2021 the House Price Index for EAST SUSSEX was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £232,000 results in an estimated price of approximately £264,109.
| 28 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £232,000 | £32,109 | £264,109 |
The Postcode Pricing Model uses changes in average sales price within the TN37 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 | -22.279 % | £-51,686 | £180,313 |
| 3 Month Average | 16.696 % | £38,734 | £270,734 |
| 6 Month Average | 18.401 % | £42,691 | £274,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £133,000 | £133,000 | FIRST FLOOR FLAT 185 LONDON ROAD |
| 3 Apr 2024 | £126,095 | £125,000 | BASEMENT FLAT 6 ANGLESEA TERRACE |
| 29 Jun 2023 | £158,170 | £155,000 | 187 LONDON ROAD |
| 28 Jun 2023 | £158,170 | £155,000 | FLAT 1 HALLEY COURT, 161 - 163 LONDON ROAD |
| 27 Jun 2023 | £198,988 | £195,000 | FLAT 8 HALLEY COURT, 161 - 163 LONDON ROAD |
This house has a floor area of 72 sq meters or 777 sq feet when measured on 4 Mar 2009. Using an estimated price of £264,110 means this house is valued at £3,658 per sq meter (£339 per sq foot).
The average size of a house on LONDON ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Under investigation | On or near London Road |
| Sep 2024 | Anti-social behaviour | On or near London Road | |
| Aug 2024 | Anti-social behaviour | On or near London Road | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Aug 2024 | Anti-social behaviour | On or near London Road |