£259,339
This estimated value is based upon the latest sale price for the house of £170,000 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £170,000 | 8 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 2014 the House Price Index for EAST SUSSEX was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £170,000 results in an estimated price of approximately £259,339.
| 8 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £170,000 | £89,339 | £259,339 |
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 | 41.898 % | £71,225 | £241,225 |
| 3 Month Average | 85.668 % | £145,635 | £315,635 |
| 6 Month Average | 75.522 % | £128,387 | £298,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £330,145 | £320,000 | 1 NORTH 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 |
| 3 Jan 2023 | £74,700 | £74,500 | 44 BOHEMIA ROAD |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 18 Apr 2014. Using an estimated price of £259,340 means this house is valued at £1,534 per sq meter (£142 per sq foot).
The average size of a house on LONDON ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near North Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near North Road |
| Jul 2024 | Public order | Under investigation | On or near North Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower South Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower South Road |