£306,134
This estimated value is based upon the latest sale price for the house of £300,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 2 Jun 2023 |
| £148,000 | 5 Aug 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 854 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 2023 the House Price Index for EAST SUSSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £300,000 results in an estimated price of approximately £306,134.
| 2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £300,000 | £6,134 | £306,134 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | -4.985 % | £-14,953 | £285,046 |
| 3 Month Average | -1.151 % | £-3,453 | £296,546 |
| 6 Month Average | -3.120 % | £-9,358 | £290,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £153,381 | £150,000 | FLAT 3 ROSEMULLION, 43 MEADS ROAD |
| 30 Aug 2023 | £269,867 | £265,000 | 4 THE MOUNT MEADS ROAD |
| 2 Jun 2023 | £306,135 | £300,000 | FLAT 1 ROSEMULLION, 43 MEADS ROAD |
| 31 Mar 2023 | £259,331 | £255,000 | FLAT 5 PARKHOLME, 2 FAIRFIELD ROAD |
| 12 Jul 2022 | £338,391 | £335,000 | 6 THE MOUNT MEADS ROAD |
This house has a floor area of 79 sq meters or 854 sq feet when measured on 21 May 2011. Using an estimated price of £306,135 means this house is valued at £3,855 per sq meter (£358 per sq foot).
The average size of a house on MEADS ROAD is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Ascham Place |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Ascham Place |
| Jul 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Ascham Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Saffrons Park |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gaudick Place |