£225,070
This estimated value is based upon the latest sale price for the house of £133,000 on 9 Nov 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £133,000 | 9 Nov 2012 |
| £125,000 | 11 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 585 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 November 2012 the House Price Index for EAST SUSSEX was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £133,000 results in an estimated price of approximately £225,070.
| 9 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £133,000 | £92,070 | £225,070 |
The Postcode Pricing Model uses changes in average sales price within the TN39 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 | 54.352 % | £72,288 | £205,288 |
| 3 Month Average | 31.711 % | £42,175 | £175,175 |
| 6 Month Average | 56.904 % | £75,682 | £208,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £112,056 | £111,000 | 239 LONDON ROAD |
| 24 Aug 2022 | £284,235 | £285,000 | 24 CAMBRIDGE ROAD |
| 22 Jul 2022 | £335,904 | £335,000 | 9 CAMBRIDGE ROAD |
| 15 Jul 2022 | £253,683 | £253,000 | 224 LONDON ROAD |
| 1 Jun 2022 | £172,437 | £170,000 | FLAT 7 KIMBERLEY COURT LONDON ROAD |
This house has a floor area of 54 sq meters or 585 sq feet when measured on 1 Dec 2011. Using an estimated price of £225,070 means this house is valued at £4,140 per sq meter (£384 per sq foot).
The average size of a house on LONDON ROAD is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near A2690 |
| Feb 2024 | Other theft | Under investigation | On or near A2690 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A2690 |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near A2690 |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cambridge Road |