£489,048
This estimated value is based upon the latest sale price for the house of £400,000 on 3 Apr 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £400,000 | 3 Apr 2020 |
| £77,500 | 24 Jul 1996 |
| £50,000 | 7 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 April 2020 the House Price Index for EAST SUSSEX was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.262%.Applying this 22.262% change to the original purchase price of £400,000 results in an estimated price of approximately £489,048.
| 3 Apr 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.262 % | £400,000 | £89,048 | £489,048 |
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 | 68.782 % | £275,126 | £675,126 |
| 3 Month Average | -1.099 % | £-4,396 | £395,603 |
| 6 Month Average | 10.446 % | £41,785 | £441,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £278,441 | £277,500 | FLAT 5 5 OFFHAM TERRACE |
| 30 Jun 2023 | £354,877 | £352,000 | 2 OFFHAM TERRACE |
| 21 Apr 2022 | £433,333 | £422,500 | UPPER MAISONETTE 3 PADDOCK TERRACE |
| 14 Jan 2022 | £476,912 | £455,000 | 33 PADDOCK ROAD |
| 20 Jul 2021 | £1,030,162 | £900,000 | BRACK MOUND LODGE CASTLE PRECINCTS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 13 Mar 2018. Using an estimated price of £489,049 means this house is valued at £7,409 per sq meter (£688 per sq foot).
The average size of a house on NEW ROAD is 62 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near New Road | |
| Mar 2024 | Anti-social behaviour | On or near New Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Road |
| Apr 2024 | Public order | Under investigation | On or near White Hill |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near White Hill |