£1,030,862
This estimated value is based upon the latest sale price for the house of £834,000 on 23 Sep 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £834,000 | 23 Sep 2019 |
| £125,000 | 6 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 2019 the House Price Index for EAST SUSSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £834,000 results in an estimated price of approximately £1,030,862.
| 23 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £834,000 | £196,862 | £1,030,862 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 13.485 % | £112,466 | £946,466 |
| 3 Month Average | 16.020 % | £133,604 | £967,604 |
| 6 Month Average | 20.993 % | £175,080 | £1,009,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £917,155 | £900,000 | MEDINA COTTAGE MEDINA PLACE |
| 31 Jan 2023 | £857,291 | £855,000 | 72 OSBORNE VILLAS |
| 6 Jan 2023 | £335,898 | £335,000 | 32A SEAFIELD ROAD |
| 16 Sep 2022 | £1,164,222 | £1,165,000 | 70 OSBORNE VILLAS |
| 19 Aug 2022 | £284,330 | £283,000 | BASEMENT FLAT WESTGARTH, 41 SEAFIELD ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 22 May 2018. Using an estimated price of £1,030,863 means this house is valued at £7,060 per sq meter (£655 per sq foot).
The average size of a house on OSBORNE VILLAS is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Medina Villas |
| Sep 2024 | Anti-social behaviour | On or near Medina Villas | |
| Sep 2024 | Anti-social behaviour | On or near Medina Villas | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medina Villas |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Medina Villas |