£410,266
This estimated value is based upon the latest sale price for the house of £405,000 on 15 Nov 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Richmond Place
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| Price Paid | Date |
|---|---|
| £405,000 | 15 Nov 2023 |
| £305,000 | 28 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 2023 the House Price Index for EAST SUSSEX was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £405,000 results in an estimated price of approximately £410,266.
| 15 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £405,000 | £5,266 | £410,266 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | -33.385 % | £-135,207 | £269,792 |
| 3 Month Average | -16.333 % | £-66,147 | £338,852 |
| 6 Month Average | -4.863 % | £-19,694 | £385,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £410,267 | £405,000 | 3 SELWYN ROAD |
| 27 Jan 2023 | £178,433 | £180,000 | FLAT 11 GLENTHORNE HOUSE ARUNDEL ROAD |
| 6 Apr 2022 | £227,692 | £222,000 | FLAT 4 MONTCLARE HOUSE, 28 UPPERTON ROAD |
| 5 Jan 2022 | £218,017 | £208,000 | FLAT 5 ARUN LODGE, 2 ARUNDEL ROAD |
| 22 Dec 2021 | £176,063 | £165,000 | FLAT 10 GLENTHORNE HOUSE ARUNDEL ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 17 Aug 2020. Using an estimated price of £410,267 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on SELWYN ROAD is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Richmond Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Richmond Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Place |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Upperton Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Upperton Road |