£721,251
This estimated value is based upon the latest sale price for the house of £546,000 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£546,000 | 2 Dec 2016 |
£435,000 | 15 Jan 2008 |
£155,000 | 17 Sep 1999 |
Terraced |
Freehold |
Floor Area: 139 sq meters or 1,500 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 December 2016 the House Price Index for EAST SUSSEX was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £546,000 results in an estimated price of approximately £721,251.
2 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £546,000 | £175,251 | £721,251 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | -5.613 % | £-30,647 | £515,352 |
3 Month Average | 3.986 % | £21,764 | £567,764 |
6 Month Average | 10.243 % | £55,924 | £601,924 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £281,830 | £277,500 | FLAT 5 5 OFFHAM TERRACE |
6 Oct 2023 | £322,321 | £315,000 | 1A ST JOHNS TERRACE |
6 Oct 2023 | £322,321 | £315,000 | 1 ST JOHNS TERRACE |
27 Sep 2023 | £368,115 | £360,000 | 1 MOUNT COTTAGES |
30 Jun 2023 | £359,198 | £352,000 | 2 OFFHAM TERRACE |
This house has a floor area of 139 sq meters or 1,500 sq feet when measured on 7 Apr 2010. Using an estimated price of £721,251 means this house is valued at £5,172 per sq meter (£480 per sq foot).
There is one other house on the street which we know the size of, this is 4A PADDOCK TERRACE it is 41.0
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near White Hill |
Jul 2024 | Other crime | Under investigation | On or near White Hill |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Castle Banks |
Aug 2024 | Other theft | Under investigation | On or near Castle Banks |
Aug 2024 | Other theft | Under investigation | On or near Castle Banks |