£734,947
This estimated value is based upon the latest sale price for the house of £605,000 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £605,000 | 10 Jan 2020 |
| £106,000 | 3 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 January 2020 the House Price Index for EAST SUSSEX was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £605,000 results in an estimated price of approximately £734,947.
| 10 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £605,000 | £129,947 | £734,947 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | -11.092 % | £-67,108 | £537,891 |
| 3 Month Average | 13.143 % | £79,515 | £684,515 |
| 6 Month Average | 9.520 % | £57,595 | £662,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £394,972 | £387,500 | FIRST FLOOR FLAT 74 COMPTON ROAD |
| 14 Nov 2022 | £231,250 | £235,000 | FLAT 3 49 HIGHCROFT VILLAS |
| 31 Aug 2022 | £268,188 | £270,000 | FLAT 4 49 HIGHCROFT VILLAS |
| 22 Apr 2022 | £692,308 | £675,000 | 4 REIGATE ROAD |
| 18 Mar 2022 | £717,294 | £695,000 | 53 HIGHCROFT VILLAS |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 24 May 2019. Using an estimated price of £734,948 means this house is valued at £6,868 per sq meter (£638 per sq foot).
The average size of a house on REIGATE ROAD is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Old Mills Mews |