£136,364
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £110,000 | 2 Aug 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 25 sq meters or 269 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 2019 the House Price Index for EAST SUSSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £110,000 results in an estimated price of approximately £136,364.
| 2 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £110,000 | £26,364 | £136,364 |
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 | 2.107 % | £2,317 | £112,317 |
| 3 Month Average | 16.568 % | £18,225 | £128,225 |
| 6 Month Average | 26.850 % | £29,534 | £139,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £160,000 | £160,000 | 383A LONDON ROAD |
| 3 Nov 2023 | £205,209 | £200,000 | 381B LONDON ROAD |
| 3 Nov 2023 | £205,209 | £200,000 | 381A LONDON ROAD |
| 11 Oct 2023 | £327,437 | £320,000 | 69 BEAUFORT ROAD |
| 26 Aug 2022 | £211,137 | £210,150 | 6 RECTORY CLOSE |
This house has a floor area of 25 sq meters or 269 sq feet when measured on 4 Jun 2016. Using an estimated price of £136,364 means this house is valued at £5,454 per sq meter (£506 per sq foot).
The average size of a house on LONDON ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Rectory Close |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Rectory Close |
| Jun 2024 | Anti-social behaviour | On or near Rectory Close | |
| Jun 2024 | Anti-social behaviour | On or near Rectory Close | |
| Jun 2024 | Anti-social behaviour | On or near Rectory Close |