£202,089
This estimated value is based upon the latest sale price for the house of £197,500 on 11 Oct 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £197,500 | 11 Oct 2023 |
| £72,100 | 24 Jul 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 439 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 October 2023 the House Price Index for EAST SUSSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £197,500 results in an estimated price of approximately £202,089.
| 11 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £197,500 | £4,589 | £202,089 |
The Postcode Pricing Model uses changes in average sales price within the TN5 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 | -19.277 % | £-38,072 | £159,427 |
| 3 Month Average | -3.939 % | £-7,780 | £189,719 |
| 6 Month Average | 3.888 % | £7,679 | £205,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2024 | £375,000 | £375,000 | 16 HOLMSDALE CLOSE |
| 28 Mar 2024 | £396,085 | £390,000 | 1 HOLMSDALE CLOSE |
| 7 Mar 2024 | £121,872 | £120,000 | PARK VIEW ANTIQUES |
| 10 Nov 2023 | £389,897 | £380,000 | 4 PENDRIL PLACE |
| 31 Oct 2023 | £516,736 | £505,000 | 2 COCKMOUNT COTTAGES |
This house has a floor area of 40 sq meters or 439 sq feet when measured on 21 May 2009. Using an estimated price of £202,090 means this house is valued at £4,953 per sq meter (£460 per sq foot).
The average size of a house on BANKSIDE is 92 sq meters (998 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (439 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Holmesdale Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Jonas Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Jonas Lane |
| Oct 2024 | Possession of weapons | Under investigation | On or near Jonas Lane |