£276,274
This estimated value is based upon the latest sale price for the house of £270,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £270,000 | 12 Oct 2023 |
| £157,500 | 4 May 2012 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 945 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 October 2023 the House Price Index for EAST SUSSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £270,000 results in an estimated price of approximately £276,274.
| 12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £270,000 | £6,274 | £276,274 |
The Postcode Pricing Model uses changes in average sales price within the BN9 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 | -44.004 % | £-118,812 | £151,187 |
| 3 Month Average | 4.313 % | £11,644 | £281,644 |
| 6 Month Average | 3.022 % | £8,158 | £278,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £375,763 | £372,500 | 80 FIRST AVENUE |
| 29 Nov 2023 | £318,074 | £310,000 | 10 NORTHDOWN CLOSE |
| 30 Oct 2023 | £209,713 | £204,950 | 3 WESTERN COURT WESTERN ROAD |
| 12 Oct 2023 | £276,275 | £270,000 | 62 WESTERN ROAD |
| 23 Jun 2023 | £306,084 | £299,950 | 115 GIBBON ROAD |
This house has a floor area of 87 sq meters or 945 sq feet when measured on 11 Jan 2011. Using an estimated price of £276,275 means this house is valued at £3,145 per sq meter (£292 per sq foot).
The average size of a house on WESTERN ROAD is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Western Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Western Road |
| Aug 2024 | Anti-social behaviour | On or near Western Road | |
| Aug 2024 | Anti-social behaviour | On or near Western Road | |
| Aug 2024 | Anti-social behaviour | On or near Western Road |