£347,108
This estimated value is based upon the latest sale price for the house of £280,000 on 7 Aug 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 7 Aug 2019 |
| £135,000 | 28 May 2004 |
| £32,000 | 17 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 August 2019 the House Price Index for EAST SUSSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £280,000 results in an estimated price of approximately £347,108.
| 7 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £280,000 | £67,108 | £347,108 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 17.167 % | £48,067 | £328,067 |
| 3 Month Average | 29.559 % | £82,764 | £362,764 |
| 6 Month Average | 22.961 % | £64,291 | £344,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £831,097 | £810,000 | 9 BATES ROAD |
| 7 Nov 2023 | £609,471 | £594,000 | 54 BATES ROAD |
| 15 Sep 2023 | £728,049 | £712,000 | 5 LODER ROAD |
| 12 Sep 2023 | £649,314 | £635,000 | 59 GORDON ROAD |
| 31 Jan 2023 | £266,713 | £266,000 | 34 BATES ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 14 Jan 2019. Using an estimated price of £347,109 means this house is valued at £4,820 per sq meter (£447 per sq foot).
The average size of a house on BATES ROAD is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Bates Road |
| Jul 2024 | Other theft | Under investigation | On or near Bates Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bates Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bates Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bates Road |