£1,114,472
This estimated value is based upon the latest sale price for the house of £880,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£880,000 | 15 Dec 2017 |
£380,000 | 10 Jun 2013 |
£135,000 | 2 Jul 1997 |
Detached |
Freehold |
Floor Area: 247 sq meters or 2,658 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 2017 the House Price Index for EAST SUSSEX was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £880,000 results in an estimated price of approximately £1,114,472.
15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £880,000 | £234,472 | £1,114,472 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | 15.608 % | £137,352 | £1,017,352 |
3 Month Average | 19.550 % | £172,038 | £1,052,038 |
6 Month Average | 16.132 % | £141,963 | £1,021,963 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £423,679 | £420,000 | 20 FURNESS ROAD |
15 Mar 2024 | £160,973 | £158,500 | FLAT 3 17 GRANGE ROAD |
22 Nov 2023 | £312,944 | £305,000 | GRANGE MEWS, 13B GRANGE ROAD |
12 Oct 2023 | £537,201 | £525,000 | 6 SHERATON CLOSE |
10 Aug 2023 | £176,517 | £173,333 | FLAT 2 STANMER HOUSE, 26 FURNESS ROAD |
This house has a floor area of 247 sq meters or 2,658 sq feet when measured on 18 Sep 2017. Using an estimated price of £1,114,473 means this house is valued at £4,512 per sq meter (£419 per sq foot).
The average size of a house on FURNESS ROAD is 131 sq meters (1,412 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Under investigation | On or near Furness Road |
Oct 2024 | Public order | Under investigation | On or near Furness Road |
Sep 2024 | Theft from the person | Under investigation | On or near Furness Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Furness Road |
Sep 2024 | Public order | Under investigation | On or near Furness Road |