£392,059
This estimated value is based upon the latest sale price for the house of £315,000 on 24 Jun 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £315,000 | 24 Jun 2019 |
| £210,000 | 11 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 June 2019 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £315,000 results in an estimated price of approximately £392,059.
| 24 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £315,000 | £77,059 | £392,059 |
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 | 35.299 % | £111,190 | £426,190 |
| 3 Month Average | 14.026 % | £44,181 | £359,181 |
| 6 Month Average | 16.635 % | £52,398 | £367,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £274,959 | £270,000 | 2 MONTGOMERY MEWS COMMERCIAL ROAD |
| 29 Jun 2023 | £161,231 | £158,000 | FLAT 12 PEGASUS COURT, 29 ST LEONARDS ROAD |
| 28 Apr 2023 | £154,897 | £152,000 | FLAT 6 BEAUFORT COURT, 30 ST LEONARDS ROAD |
| 31 Mar 2023 | £111,868 | £110,000 | FLAT 18 BEAUFORT COURT, 30 ST LEONARDS ROAD |
| 17 Feb 2023 | £322,152 | £320,000 | 7 COMMERCIAL ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 22 May 2019. Using an estimated price of £392,059 means this house is valued at £3,015 per sq meter (£280 per sq foot).
The average size of a house on COMMERCIAL ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Commercial Road |
| Oct 2024 | Anti-social behaviour | On or near Commercial Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Commercial Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Commercial Road |
| Aug 2024 | Anti-social behaviour | On or near Commercial Road |