£120,936
This estimated value is based upon the latest sale price for the house of £70,000 on 18 Nov 2010. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£70,000 | 18 Nov 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 November 2010 the House Price Index for EAST SUSSEX was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.767%.Applying this 72.767% change to the original purchase price of £70,000 results in an estimated price of approximately £120,936.
18 Nov 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.767 % | £70,000 | £50,936 | £120,936 |
The Postcode Pricing Model uses changes in average sales price within the TN37 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 | 56.350 % | £39,444 | £109,444 |
3 Month Average | 96.612 % | £67,628 | £137,628 |
6 Month Average | 95.581 % | £66,906 | £136,906 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £480,923 | £470,000 | 38 CHAPEL PARK ROAD |
28 Sep 2023 | £495,932 | £485,000 | 40 CHAPEL PARK ROAD |
25 Sep 2023 | £158,494 | £155,000 | FLAT 6 28 CHAPEL PARK ROAD |
14 Aug 2023 | £414,170 | £406,700 | 7 DE CHAM ROAD |
21 Apr 2023 | £134,516 | £132,000 | FLAT 3 24 CHAPEL PARK ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 4 Nov 2019. Using an estimated price of £120,937 means this house is valued at £2,629 per sq meter (£244 per sq foot).
The average size of a house on DE CHAM ROAD is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Cloudesley Road | |
Aug 2024 | Anti-social behaviour | On or near Cloudesley Road | |
Jun 2024 | Anti-social behaviour | On or near Cloudesley Road | |
Jun 2024 | Anti-social behaviour | On or near Cloudesley Road | |
Jun 2024 | Anti-social behaviour | On or near Cloudesley Road |