£543,573
This estimated value is based upon the latest sale price for the house of £450,000 on 24 Aug 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £450,000 | 24 Aug 2020 |
| Freehold |
| Floor Area: 117 sq meters or 1,266 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 August 2020 the House Price Index for EAST SUSSEX was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £450,000 results in an estimated price of approximately £543,573.
| 24 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £450,000 | £93,573 | £543,573 |
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 | 133.583 % | £601,121 | £1,051,121 |
| 3 Month Average | 10.812 % | £48,655 | £498,655 |
| 6 Month Average | 12.949 % | £58,271 | £508,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £330,145 | £320,000 | 1 NORTH ROAD |
| 27 Sep 2023 | £132,930 | £130,000 | 33 TOWER ROAD |
| 4 Aug 2023 | £71,286 | £70,000 | FLAT 2 148 LONDON ROAD |
| 24 Jun 2023 | £173,476 | £170,000 | FLAT 1 CRUET HOUSE, 28 LOWER SOUTH ROAD |
| 4 Apr 2023 | £407,624 | £400,000 | 285 LONDON ROAD |
This house has a floor area of 117 sq meters or 1,266 sq feet when measured on 1 Nov 2010. Using an estimated price of £543,574 means this house is valued at £4,618 per sq meter (£429 per sq foot).
The average size of a house on LONDON ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near North Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near North Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tower Road |