£370,812
This estimated value is based upon the latest sale price for the house of £310,000 on 15 Sep 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £310,000 | 15 Sep 2020 |
| £155,500 | 27 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 September 2020 the House Price Index for EAST SUSSEX was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £310,000 results in an estimated price of approximately £370,812.
| 15 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £310,000 | £60,812 | £370,812 |
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 | -11.562 % | £-35,843 | £274,156 |
| 3 Month Average | 20.355 % | £63,099 | £373,099 |
| 6 Month Average | 22.095 % | £68,494 | £378,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £277,032 | £270,000 | 16 NORTH TERRACE |
| 18 Sep 2023 | £252,568 | £247,000 | 10 NORTH TERRACE |
| 5 Aug 2022 | £281,315 | £280,000 | 227 OLD LONDON ROAD |
| 1 Jun 2022 | £332,099 | £325,000 | 59 NORTH TERRACE |
| 19 Nov 2021 | £277,828 | £255,000 | 40 NORTH TERRACE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 16 Jul 2019. Using an estimated price of £370,813 means this house is valued at £3,169 per sq meter (£294 per sq foot).
The average size of a house on OLD LONDON ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Sep 2024 | Other theft | Under investigation | On or near North Terrace |
| Sep 2024 | Public order | Under investigation | On or near North Terrace |
| Sep 2024 | Anti-social behaviour | On or near North Terrace |