£1,241,105
This estimated value is based upon the latest sale price for the house of £970,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £970,000 | 31 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 212 sq meters or 2,281 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 2017 the House Price Index for EAST SUSSEX was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £970,000 results in an estimated price of approximately £1,241,105.
| 31 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £970,000 | £271,105 | £1,241,105 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 2.254 % | £21,867 | £991,867 |
| 3 Month Average | 2.661 % | £25,808 | £995,808 |
| 6 Month Average | 7.545 % | £73,188 | £1,043,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2024 | £950,000 | £950,000 | 2 TIMBERYARD LANE |
| 17 Apr 2024 | £645,606 | £640,000 | 10 MORRIS ROAD |
| 17 Apr 2023 | £631,818 | £620,000 | 29 MORRIS ROAD |
| 21 Feb 2023 | £679,539 | £675,000 | 18 MORRIS ROAD |
| 10 Feb 2023 | £302,017 | £300,000 | FLAT 6 CLIFFE LEAS FARNCOMBE ROAD |
This house has a floor area of 212 sq meters or 2,281 sq feet when measured on 12 Aug 2016. Using an estimated price of £1,241,106 means this house is valued at £5,854 per sq meter (£543 per sq foot).
The average size of a house on CHANDLERS WHARF is 238 sq meters (2,564 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Chandlers Wharf | |
| Jun 2024 | Anti-social behaviour | On or near Chandlers Wharf | |
| Jun 2024 | Anti-social behaviour | On or near Chandlers Wharf | |
| Jun 2024 | Anti-social behaviour | On or near Chandlers Wharf | |
| Jun 2024 | Anti-social behaviour | On or near Hillman Close |