£548,416
This estimated value is based upon the latest sale price for the house of £420,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £420,000 | 10 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 March 2017 the House Price Index for EAST SUSSEX was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £420,000 results in an estimated price of approximately £548,416.
| 10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £420,000 | £128,416 | £548,416 |
The Postcode Pricing Model uses changes in average sales price within the BN25 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 | 52.798 % | £221,750 | £641,750 |
| 3 Month Average | 28.324 % | £118,958 | £538,958 |
| 6 Month Average | 22.671 % | £95,219 | £515,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £494,918 | £485,000 | 2 BELGRAVE CRESCENT |
| 28 Apr 2023 | £412,720 | £405,000 | 48 BELGRAVE CRESCENT |
| 28 Feb 2023 | £478,194 | £475,000 | 4 BUCKLAND ROAD |
| 27 Jan 2023 | £438,672 | £437,500 | 24 BELGRAVE CRESCENT |
| 14 Oct 2022 | £458,469 | £460,000 | 42 UPPER BELGRAVE ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 Oct 2016. Using an estimated price of £548,417 means this house is valued at £5,324 per sq meter (£494 per sq foot).
The average size of a house on LOWER DRIVE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Northfield Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Northfield Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pinewood Close |
| Sep 2024 | Anti-social behaviour | On or near Pinewood Close | |
| Sep 2024 | Anti-social behaviour | On or near Pinewood Close |