£789,032
This estimated value is based upon the latest sale price for the house of £730,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£730,000 | 25 Jun 2021 |
£425,000 | 2 Dec 2005 |
£273,500 | 8 Jan 2002 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,005 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 2021 the House Price Index for EAST SUSSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £730,000 results in an estimated price of approximately £789,032.
25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £730,000 | £59,032 | £789,032 |
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 | -6.678 % | £-48,751 | £681,248 |
3 Month Average | -14.490 % | £-105,779 | £624,220 |
6 Month Average | -14.187 % | £-103,565 | £626,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £355,461 | £350,000 | 12 HILLYFIELD |
6 Sep 2023 | £933,069 | £912,500 | 6 BELL LANE |
9 Aug 2023 | £392,071 | £385,000 | 10 HILLYFIELD |
24 Feb 2023 | £410,744 | £408,000 | 66 BARONS DOWN ROAD |
29 Jul 2022 | £404,049 | £400,000 | 3 VALLEY ROAD |
This house has a floor area of 93 sq meters or 1,005 sq feet when measured on 6 Jan 2012. Using an estimated price of £789,033 means this house is valued at £8,450 per sq meter (£785 per sq foot).
The average size of a house on BELL LANE is 154 sq meters (1,659 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,005 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Hillyfield |
Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valley Road |