£235,184
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Sep 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £230,000 | 28 Sep 2023 |
| £125,000 | 9 Jan 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 568 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 September 2023 the House Price Index for EAST SUSSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £230,000 results in an estimated price of approximately £235,184.
| 28 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £230,000 | £5,184 | £235,184 |
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 | -16.626 % | £-38,239 | £191,760 |
| 3 Month Average | -10.267 % | £-23,613 | £206,386 |
| 6 Month Average | 1.442 % | £3,315 | £233,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £182,000 | £182,000 | BASEMENT FLAT 8 BLOMFIELD ROAD |
| 28 Sep 2023 | £235,184 | £230,000 | FLAT 4 45 MAGDALEN ROAD |
| 1 Sep 2023 | £173,781 | £169,950 | FLAT 1 45 MAGDALEN ROAD |
| 10 Feb 2023 | £161,076 | £160,000 | FLAT 4 42 MAGDALEN ROAD |
| 6 Jan 2023 | £153,410 | £153,000 | FLAT 2 45 MAGDALEN ROAD |
This house has a floor area of 52 sq meters or 568 sq feet when measured on 11 Jan 2011. Using an estimated price of £235,184 means this house is valued at £4,455 per sq meter (£413 per sq foot).
The average size of a house on MAGDALEN ROAD is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Blomfield Road | |
| Jul 2024 | Anti-social behaviour | On or near Blomfield Road | |
| Jul 2024 | Anti-social behaviour | On or near Blomfield Road | |
| Jul 2024 | Anti-social behaviour | On or near Blomfield Road | |
| Oct 2024 | Anti-social behaviour | On or near St Catherine'S Close |