£323,594
This estimated value is based upon the latest sale price for the house of £242,500 on 13 Oct 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £242,500 | 13 Oct 2016 |
| £173,000 | 4 Jan 2013 |
| £152,500 | 14 Feb 2003 |
| £55,000 | 5 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 505 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 October 2016 the House Price Index for EAST SUSSEX was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £242,500 results in an estimated price of approximately £323,594.
| 13 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £242,500 | £81,094 | £323,594 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | 20.006 % | £48,513 | £291,013 |
| 3 Month Average | 23.488 % | £56,958 | £299,458 |
| 6 Month Average | 24.781 % | £60,093 | £302,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £392,047 | £380,000 | 48 SELMESTON ROAD |
| 22 Aug 2022 | £386,809 | £385,000 | 53 ERIDGE ROAD |
| 28 Apr 2022 | £489,663 | £472,000 | 52 RANGEMORE DRIVE |
| 30 Sep 2021 | £575,352 | £530,000 | 33 PARK AVENUE |
| 17 Sep 2021 | £369,094 | £340,000 | 14 SELMESTON ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 26 Aug 2014. Using an estimated price of £323,595 means this house is valued at £6,885 per sq meter (£639 per sq foot).
The average size of a house on SELMESTON ROAD is 79 sq meters (856 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Park Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |