£636,060
This estimated value is based upon the latest sale price for the house of £627,500 on 3 Jul 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £627,500 | 3 Jul 2023 |
| £340,000 | 10 Jan 2013 |
| £250,000 | 9 Jun 2008 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 July 2023 the House Price Index for EAST SUSSEX was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £627,500 results in an estimated price of approximately £636,060.
| 3 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £627,500 | £8,560 | £636,060 |
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 | 26.465 % | £166,065 | £793,565 |
| 3 Month Average | -16.776 % | £-105,267 | £522,232 |
| 6 Month Average | -9.600 % | £-60,241 | £567,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £636,061 | £627,500 | 16 MORRIS ROAD |
| 17 Apr 2023 | £626,748 | £620,000 | 29 MORRIS ROAD |
| 21 Feb 2023 | £674,546 | £675,000 | 18 MORRIS ROAD |
| 10 Feb 2023 | £299,798 | £300,000 | FLAT 6 CLIFFE LEAS FARNCOMBE ROAD |
| 30 Jun 2022 | £588,314 | £580,000 | 32 MORRIS ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 9 Jul 2012. Using an estimated price of £636,061 means this house is valued at £6,235 per sq meter (£579 per sq foot).
The average size of a house on MORRIS ROAD is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morris Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillman Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hillman Close |
| Mar 2024 | Anti-social behaviour | On or near Hillman Close | |
| Mar 2024 | Anti-social behaviour | On or near Hillman Close |