£671,063
This estimated value is based upon the latest sale price for the house of £540,000 on 3 Dec 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£540,000 | 3 Dec 2018 |
£335,000 | 31 Oct 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 127 sq meters or 1,367 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 2018 the House Price Index for EAST SUSSEX was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £540,000 results in an estimated price of approximately £671,063.
3 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £540,000 | £131,063 | £671,063 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | -16.364 % | £-88,363 | £451,636 |
3 Month Average | 23.582 % | £127,345 | £667,345 |
6 Month Average | 19.326 % | £104,361 | £644,361 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £124,355 | £120,534 | FLAT 3 FAIRMEAD, 5 MILNTHORPE ROAD |
1 Sep 2023 | £1,227,049 | £1,200,000 | 10 MILNTHORPE ROAD |
1 Sep 2022 | £974,349 | £975,000 | 32 MILNTHORPE ROAD |
29 Jul 2022 | £252,530 | £250,000 | FLAT 2 20 DERWENT ROAD |
26 Jul 2022 | £217,176 | £215,000 | FLAT 2 30 MILNTHORPE ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 7 May 2015. Using an estimated price of £671,064 means this house is valued at £5,283 per sq meter (£490 per sq foot).
The average size of a house on MILNTHORPE ROAD is 199 sq meters (2,146 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Meads Street |
Jul 2024 | Anti-social behaviour | On or near Meads Street | |
Jun 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Meads Street |
Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Meads Street |
May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Meads Street |