£339,769
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£275,000 | 15 Nov 2019 |
£115,000 | 29 Feb 2000 |
Semi-Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 November 2019 the House Price Index for EAST SUSSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £275,000 results in an estimated price of approximately £339,769.
15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £275,000 | £64,769 | £339,769 |
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 | 39.164 % | £107,701 | £382,701 |
3 Month Average | 35.025 % | £96,318 | £371,318 |
6 Month Average | 10.525 % | £28,944 | £303,944 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £178,579 | £175,000 | 12 WOLSEY PLACE, 49 LONDON ROAD |
8 Nov 2022 | £268,743 | £270,000 | 20 WOLSEY PLACE, 49 LONDON ROAD |
3 Oct 2022 | £363,785 | £365,000 | 5 DERWENT CLOSE |
29 Jul 2022 | £272,733 | £270,000 | 1 WOLSEY PLACE, 49 LONDON ROAD |
24 Jun 2022 | £357,645 | £350,000 | JEBANI GROVELANDS ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 11 May 2019. Using an estimated price of £339,769 means this house is valued at £2,929 per sq meter (£272 per sq foot).
The average size of a house on LONDON ROAD is 114 sq meters (1,232 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Derwent Close |
Jul 2024 | Other theft | Under investigation | On or near Derwent Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Derwent Close |
Jul 2024 | Burglary | Under investigation | On or near The Cedars |
Jun 2024 | Anti-social behaviour | On or near The Cedars |