£234,895
This estimated value is based upon the latest sale price for the house of £93,000 on 20 Dec 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £93,000 | 20 Dec 2002 |
| £60,000 | 20 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 December 2002 the House Price Index for EAST SUSSEX was 58.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 152.576%.Applying this 152.576% change to the original purchase price of £93,000 results in an estimated price of approximately £234,895.
| 20 Dec 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.0 | 152.576 % | £93,000 | £141,895 | £234,895 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 72.432 % | £67,361 | £160,361 |
| 3 Month Average | 74.775 % | £69,540 | £162,540 |
| 6 Month Average | 117.968 % | £109,710 | £202,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £64,832 | £64,000 | FLAT 22 MILL LODGE MILL ROAD |
| 30 Jun 2023 | £193,569 | £192,000 | 26 MILL ROAD |
| 22 Jun 2023 | £109,891 | £109,000 | FLAT 17 SOUTHDOWN COURT BELLBANKS ROAD |
| 29 Nov 2022 | £123,005 | £125,000 | FLAT 18 SOUTHDOWN COURT BELLBANKS ROAD |
| 16 Nov 2022 | £83,644 | £85,000 | FLAT 8 SOUTHDOWN COURT BELLBANKS ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 15 Feb 2016. Using an estimated price of £234,896 means this house is valued at £2,639 per sq meter (£245 per sq foot).
The average size of a house on MILL ROAD is 68 sq meters (741 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Fletcher Close | |
| Feb 2024 | Anti-social behaviour | On or near Fletcher Close | |
| Feb 2024 | Drugs | Under investigation | On or near Fletcher Close |
| Feb 2024 | Anti-social behaviour | On or near Fletcher Close | |
| Feb 2024 | Anti-social behaviour | On or near Fletcher Close |