£308,354
This estimated value is based upon the latest sale price for the house of £245,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 14 Jul 2017 |
| £162,500 | 25 Jul 2013 |
| £163,000 | 4 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 July 2017 the House Price Index for EAST SUSSEX was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £245,000 results in an estimated price of approximately £308,354.
| 14 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £245,000 | £63,354 | £308,354 |
The Postcode Pricing Model uses changes in average sales price within the TN22 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 | -5.844 % | £-14,318 | £230,681 |
| 3 Month Average | 0.823 % | £2,016 | £247,016 |
| 6 Month Average | 17.449 % | £42,750 | £287,750 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 19 Mar 2013.
The average size of a house on VERNON ROAD is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Vernon Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Vernon Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Vernon Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Vernon Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Vernon Road |