£229,914
This estimated value is based upon the latest sale price for the house of £225,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 24 Jun 2022 |
| £18,000 | 26 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 June 2022 the House Price Index for EAST SUSSEX was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £225,000 results in an estimated price of approximately £229,914.
| 24 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £225,000 | £4,914 | £229,914 |
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 | -13.403 % | £-30,157 | £194,842 |
| 3 Month Average | 11.752 % | £26,442 | £251,442 |
| 6 Month Average | 4.358 % | £9,805 | £234,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £206,340 | £200,000 | FIRST FLOOR FLAT 27 MAGDALEN ROAD |
| 28 Apr 2023 | £102,365 | £100,450 | FLAT 1 18 MAGDALEN ROAD |
| 20 Feb 2023 | £765,111 | £760,000 | 1 VICTORIA ROAD |
| 23 Jan 2023 | £567,015 | £565,500 | FIRST FLOOR FLAT 14 MAGDALEN ROAD |
| 13 Sep 2022 | £302,798 | £303,000 | 6C EDWARD ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 27 Sep 2021. Using an estimated price of £229,915 means this house is valued at £4,033 per sq meter (£374 per sq foot).
The average size of a house on MAGDALEN ROAD is 67 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Magdalen Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Magdalen Road |
| Jul 2024 | Anti-social behaviour | On or near Edward Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Edward Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Edward Road |