£345,659
This estimated value is based upon the latest sale price for the house of £200,000 on 11 Dec 2009. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 11 Dec 2009 |
| £172,500 | 21 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 45 sq meters or 484 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 December 2009 the House Price Index for EAST SUSSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £200,000 results in an estimated price of approximately £345,659.
| 11 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £200,000 | £145,659 | £345,659 |
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 | 66.354 % | £132,707 | £332,707 |
| 3 Month Average | 62.230 % | £124,459 | £324,459 |
| 6 Month Average | 67.105 % | £134,209 | £334,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £567,202 | £559,950 | 111 VALENCE ROAD |
| 7 Aug 2023 | £575,031 | £570,000 | 95 DE MONTFORT ROAD |
| 20 Jul 2023 | £466,276 | £460,000 | 130 WESTERN ROAD |
| 26 Apr 2023 | £606,531 | £600,000 | 76 VALENCE ROAD |
| 20 Apr 2023 | £386,158 | £382,000 | 134 WESTERN ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 11 Mar 2013. Using an estimated price of £345,659 means this house is valued at £7,681 per sq meter (£713 per sq foot).
The average size of a house on SPITAL ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Mar 2024 | Other crime | Under investigation | On or near Prison |