£531,928
This estimated value is based upon the latest sale price for the house of £490,000 on 2 Sep 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£490,000 | 2 Sep 2021 |
£300,000 | 18 Sep 2012 |
Detached |
Freehold |
Floor Area: 785 sq meters or 8,449 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 September 2021 the House Price Index for EAST SUSSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £490,000 results in an estimated price of approximately £531,928.
2 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £490,000 | £41,928 | £531,928 |
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 | -5.229 % | £-25,623 | £464,376 |
3 Month Average | 14.573 % | £71,406 | £561,406 |
6 Month Average | -0.562 % | £-2,754 | £487,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £287,972 | £287,972 | 84 LANGNEY RISE |
27 Jun 2024 | £222,500 | £222,500 | 92 LANGNEY RISE |
24 Jun 2024 | £240,000 | £240,000 | 5 ETCHINGHAM ROAD |
28 Mar 2024 | £228,511 | £225,000 | 44 GREAT CLIFFE ROAD |
30 Nov 2023 | £164,167 | £160,000 | 21 SOMERSET COURT ETCHINGHAM ROAD |
This house has a floor area of 785 sq meters or 8,449 sq feet when measured on 4 Jan 2019. Using an estimated price of £531,929 means this house is valued at £677 per sq meter (£62 per sq foot).
The average size of a house on ETCHINGHAM ROAD is 100 sq meters (1,084 sq feet).
This house is the largest in the street with a floor area of 785 sq meters (8,449 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Etchingham Road | |
Oct 2024 | Anti-social behaviour | On or near Etchingham Road | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Etchingham Road |
Oct 2024 | Anti-social behaviour | On or near Etchingham Road | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Etchingham Road |