£652,774
This estimated value is based upon the latest sale price for the house of £505,000 on 19 Apr 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £505,000 | 19 Apr 2017 |
| £220,000 | 25 Oct 2001 |
| £132,500 | 4 Dec 2000 |
| Detached |
| Freehold |
| Floor Area: 212 sq meters or 2,281 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 April 2017 the House Price Index for EAST SUSSEX was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £505,000 results in an estimated price of approximately £652,774.
| 19 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £505,000 | £147,774 | £652,774 |
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 | -20.650 % | £-104,281 | £400,718 |
| 3 Month Average | 10.268 % | £51,854 | £556,854 |
| 6 Month Average | 26.396 % | £133,301 | £638,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £136,191 | £135,000 | FLAT 2 2 LEWES ROAD |
| 2 Mar 2023 | £111,046 | £110,000 | FLAT 5 LEWES HOUSE, 6 LEWES ROAD |
| 2 Feb 2023 | £574,613 | £575,000 | 16 GORRINGE ROAD |
| 17 Nov 2022 | £923,810 | £935,000 | 28 BEDFORDWELL ROAD |
| 1 Sep 2022 | £208,268 | £209,950 | FLAT 3 BUCKINGHAM HEIGHTS, 1 GORRINGE ROAD |
This house has a floor area of 212 sq meters or 2,281 sq feet when measured on 29 Dec 2016. Using an estimated price of £652,775 means this house is valued at £3,079 per sq meter (£286 per sq foot).
The average size of a house on LEWES ROAD is 66 sq meters (718 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near The Conifers |
| Mar 2024 | Other theft | Under investigation | On or near Bedfordwell Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Lewes Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lewes Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lewes Road |