£369,506
This estimated value is based upon the latest sale price for the house of £245,000 on 22 Oct 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 22 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2014 the House Price Index for EAST SUSSEX was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £245,000 results in an estimated price of approximately £369,506.
| 22 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £245,000 | £124,506 | £369,506 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | 24.679 % | £60,463 | £305,463 |
| 3 Month Average | 47.651 % | £116,744 | £361,744 |
| 6 Month Average | 46.213 % | £113,221 | £358,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £124,355 | £120,534 | FLAT 3 FAIRMEAD, 5 MILNTHORPE ROAD |
| 1 Sep 2023 | £1,227,049 | £1,200,000 | 10 MILNTHORPE ROAD |
| 8 Jun 2023 | £530,634 | £520,000 | 5 DALTON ROAD |
| 1 Sep 2022 | £974,349 | £975,000 | 32 MILNTHORPE ROAD |
| 29 Jul 2022 | £252,530 | £250,000 | FLAT 2 20 DERWENT ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 29 Apr 2014. Using an estimated price of £369,506 means this house is valued at £3,105 per sq meter (£288 per sq foot).
The average size of a house on DERWENT ROAD is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Derwent Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |