£289,121
This estimated value is based upon the latest sale price for the house of £234,950 on 23 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 |
|---|---|
| £234,950 | 23 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £234,950 results in an estimated price of approximately £289,121.
| 23 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £234,950 | £54,171 | £289,121 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 22.597 % | £53,091 | £288,041 |
| 3 Month Average | 13.294 % | £31,234 | £266,184 |
| 6 Month Average | 20.419 % | £47,973 | £282,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £267,339 | £265,000 | 72 MILFOIL DRIVE |
| 14 Jul 2023 | £321,832 | £317,500 | 22 ORCHID CLOSE |
| 27 Mar 2023 | £166,569 | £165,000 | 37 OULTON CLOSE |
| 3 Mar 2023 | £252,378 | £250,000 | 1 MILFOIL DRIVE |
| 23 Oct 2020 | £230,511 | £196,500 | 90 MILFOIL DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Aug 2015. Using an estimated price of £289,121 means this house is valued at £3,614 per sq meter (£335 per sq foot).
The average size of a house on MILFOIL DRIVE is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Under investigation | On or near Milfoil Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Milfoil Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milfoil Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Milfoil Drive |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Milfoil Drive |