£105,492
This estimated value is based upon the latest sale price for the house of £64,000 on 11 Oct 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Spencer Road
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| Price Paid | Date |
|---|---|
| £64,000 | 11 Oct 2013 |
| £74,950 | 29 Mar 2004 |
| £25,500 | 20 Apr 2000 |
| £27,500 | 1 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2013 the House Price Index for EAST SUSSEX was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £64,000 results in an estimated price of approximately £105,492.
| 11 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £64,000 | £41,492 | £105,492 |
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 | 52.605 % | £33,667 | £97,667 |
| 3 Month Average | 54.098 % | £34,622 | £98,622 |
| 6 Month Average | 55.434 % | £35,477 | £99,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £167,575 | £165,000 | 79A SOUTH STREET |
| 1 Mar 2024 | £172,653 | £170,000 | FLAT 27 BERKELEY HOUSE, 26 - 28 GILDREDGE ROAD |
| 8 Nov 2023 | £224,704 | £219,000 | FLAT 5 COLLEGE COURT SPENCER ROAD |
| 27 Oct 2023 | £71,627 | £70,000 | 11 GREYSTONE COURT SOUTH STREET |
| 5 Apr 2023 | £152,859 | £150,000 | FLAT 3 81 SOUTH STREET |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 20 Jun 2013. Using an estimated price of £105,492 means this house is valued at £2,244 per sq meter (£208 per sq foot).
The average size of a house on SOUTH STREET is 62 sq meters (677 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Spencer Road | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Spencer Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Spencer Road |
| Sep 2024 | Possession of weapons | Under investigation | On or near South Street |
| Sep 2024 | Other theft | Under investigation | On or near South Street |