£275,511
This estimated value is based upon the latest sale price for the house of £190,000 on 8 Jul 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £190,000 | 8 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 July 2015 the House Price Index for EAST SUSSEX was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £190,000 results in an estimated price of approximately £275,511.
| 8 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £190,000 | £85,511 | £275,511 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | 17.018 % | £32,334 | £222,334 |
| 3 Month Average | 33.327 % | £63,321 | £253,321 |
| 6 Month Average | 34.547 % | £65,638 | £255,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £309,530 | £302,500 | 96 SELMESTON ROAD |
| 8 Mar 2023 | £355,944 | £350,000 | 102 SELMESTON ROAD |
| 30 Sep 2022 | £409,726 | £410,000 | 12 ERIDGE ROAD |
| 1 Jul 2022 | £284,854 | £282,000 | 98 SELMESTON ROAD |
| 30 May 2022 | £436,368 | £425,000 | 25 ERIDGE ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 3 May 2012. Using an estimated price of £275,512 means this house is valued at £4,591 per sq meter (£426 per sq foot).
The average size of a house on SELMESTON ROAD is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Willingdon Road |
| Sep 2024 | Burglary | Under investigation | On or near Clifford Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clifford Avenue |
| Aug 2024 | Anti-social behaviour | On or near Farlaine Road | |
| Aug 2024 | Anti-social behaviour | On or near Farlaine Road |