£1,238,919
This estimated value is based upon the latest sale price for the house of £1,000,000 on 8 Jun 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £1,000,000 | 8 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 June 2018 the House Price Index for EAST SUSSEX was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,238,919.
| 8 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £1,000,000 | £238,919 | £1,238,919 |
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 | 85.261 % | £852,608 | £1,852,608 |
| 3 Month Average | -18.077 % | £-180,770 | £819,229 |
| 6 Month Average | 3.463 % | £34,632 | £1,034,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £427,600 | £425,000 | FLAT 44 GREYFRIARS COURT COURT ROAD |
| 21 Jul 2023 | £383,629 | £380,000 | 8 ENGLISH'S PASSAGE |
| 29 Jun 2023 | £429,835 | £426,350 | FLAT 43 GREYFRIARS COURT COURT ROAD |
| 10 Feb 2023 | £298,588 | £300,000 | FLAT 6 CLIFFE LEAS FARNCOMBE ROAD |
| 18 Nov 2022 | £285,372 | £290,000 | FLAT 8 GREYFRIARS COURT COURT ROAD |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 1 Feb 2018. Using an estimated price of £1,238,920 means this house is valued at £6,419 per sq meter (£596 per sq foot).
The average size of a house on RAILWAY LANE is 209 sq meters (2,251 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Railway Lane |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Railway Lane |
| Apr 2024 | Bicycle theft | Under investigation | On or near Bear Yard |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bear Yard |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Bear Yard |