£447,866
This estimated value is based upon the latest sale price for the house of £200,000 on 24 Oct 2003. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 24 Oct 2003 |
| £172,500 | 27 Nov 2001 |
| £122,500 | 9 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2003 the House Price Index for EAST SUSSEX was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £200,000 results in an estimated price of approximately £447,866.
| 24 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £200,000 | £247,866 | £447,866 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 136.566 % | £273,132 | £473,132 |
| 3 Month Average | 135.053 % | £270,106 | £470,106 |
| 6 Month Average | 141.163 % | £282,326 | £482,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £567,202 | £559,950 | 111 VALENCE ROAD |
| 7 Aug 2023 | £575,031 | £570,000 | 95 DE MONTFORT ROAD |
| 20 Jul 2023 | £466,276 | £460,000 | 130 WESTERN ROAD |
| 26 Apr 2023 | £606,531 | £600,000 | 76 VALENCE ROAD |
| 20 Apr 2023 | £386,158 | £382,000 | 134 WESTERN ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 Jun 2018. Using an estimated price of £447,867 means this house is valued at £7,857 per sq meter (£729 per sq foot).
The average size of a house on DE MONTFORT ROAD is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Feb 2024 | Burglary | Under investigation | On or near Leicester Road |