£177,387
This estimated value is based upon the latest sale price for the house of £175,000 on 24 Jul 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 24 Jul 2023 |
| £154,000 | 28 Mar 2008 |
| £146,950 | 26 Jun 2006 |
| £57,000 | 12 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 July 2023 the House Price Index for EAST SUSSEX was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £175,000 results in an estimated price of approximately £177,387.
| 24 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £175,000 | £2,387 | £177,387 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | -13.242 % | £-23,173 | £151,826 |
| 3 Month Average | -3.876 % | £-6,783 | £168,216 |
| 6 Month Average | 7.669 % | £13,421 | £188,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £254,452 | £250,000 | 24 GORDON ROAD |
| 24 Jul 2023 | £177,387 | £175,000 | 17 GORDON ROAD |
| 24 Jul 2023 | £172,319 | £170,000 | 2 GORDON ROAD |
| 24 Jul 2023 | £172,319 | £170,000 | 12 GORDON ROAD |
| 7 Sep 2022 | £312,477 | £315,000 | 8 PALMERS ROW |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 15 Jul 2020. Using an estimated price of £177,387 means this house is valued at £2,861 per sq meter (£265 per sq foot).
The average size of a house on GORDON ROAD is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gordon Road |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Gordon Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Gordon Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Gordon Road |
| Dec 2023 | Anti-social behaviour | On or near Old Orchard Place |