£321,817
This estimated value is based upon the latest sale price for the house of £234,500 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£234,500 | 29 Jan 2016 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 January 2016 the House Price Index for EAST SUSSEX was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £234,500 results in an estimated price of approximately £321,817.
29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £234,500 | £87,317 | £321,817 |
The Postcode Pricing Model uses changes in average sales price within the BN9 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 | -2.184 % | £-5,121 | £229,378 |
3 Month Average | 38.079 % | £89,295 | £323,795 |
6 Month Average | 47.285 % | £110,883 | £345,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £310,214 | £307,500 | 161 HILLCREST ROAD |
23 Jun 2023 | £303,628 | £299,950 | 115 GIBBON ROAD |
22 Jun 2023 | £301,148 | £297,500 | 51 WESTERN ROAD |
8 Nov 2022 | £176,364 | £178,500 | 193 HILLCREST ROAD |
8 Sep 2022 | £269,821 | £272,000 | 175 HILLCREST ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 16 Oct 2015. Using an estimated price of £321,817 means this house is valued at £4,664 per sq meter (£433 per sq foot).
The average size of a house on GIBBON ROAD is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gibbon Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gibbon Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Gibbon Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gibbon Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gibbon Road |