£302,987
This estimated value is based upon the latest sale price for the house of £240,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 23 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 March 2018 the House Price Index for EAST SUSSEX was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £240,000 results in an estimated price of approximately £302,987.
| 23 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £240,000 | £62,987 | £302,987 |
The Postcode Pricing Model uses changes in average sales price within the TN35 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 | 17.391 % | £41,738 | £281,738 |
| 3 Month Average | 23.433 % | £56,239 | £296,239 |
| 6 Month Average | 18.163 % | £43,590 | £283,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £277,032 | £270,000 | 16 NORTH TERRACE |
| 5 Aug 2022 | £281,315 | £280,000 | 227 OLD LONDON ROAD |
| 13 May 2022 | £335,747 | £327,000 | 89 ASHBURNHAM ROAD |
| 29 Jun 2021 | £181,586 | £168,000 | 6 NORTH TERRACE |
| 26 Nov 2020 | £373,739 | £320,000 | 185 OLD LONDON ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Nov 2017. Using an estimated price of £302,987 means this house is valued at £3,606 per sq meter (£335 per sq foot).
The average size of a house on OLD LONDON ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Old London Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Old London Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Old London Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richmond Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near North Terrace |