£926,230
This estimated value is based upon the latest sale price for the house of £669,235 on 10 Dec 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near South Way
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| Price Paid | Date |
|---|---|
| £669,235 | 10 Dec 2015 |
| £392,000 | 8 Jul 2010 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 2015 the House Price Index for EAST SUSSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £669,235 results in an estimated price of approximately £926,230.
| 10 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £669,235 | £256,995 | £926,230 |
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 | 2.729 % | £18,260 | £687,495 |
| 3 Month Average | 9.941 % | £66,526 | £735,761 |
| 6 Month Average | 18.965 % | £126,922 | £796,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £1,162,167 | £1,152,000 | 18 SOUTH WAY |
| 21 Aug 2023 | £418,158 | £414,500 | 14 NEVILL CRESCENT |
| 27 Jun 2023 | £430,211 | £425,000 | 56 MIDDLE WAY |
| 27 Jun 2023 | £645,924 | £638,100 | 28 MIDDLE WAY |
| 27 Jun 2023 | £1,113,589 | £1,100,100 | 30 SOUTH WAY |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 4 Sep 2015. Using an estimated price of £926,230 means this house is valued at £6,093 per sq meter (£566 per sq foot).
The average size of a house on MIDDLE WAY is 104 sq meters (1,120 sq feet).
This house is the largest in the street with a floor area of 152 sq meters (1,636 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near South Way |
| Mar 2024 | Other theft | Under investigation | On or near Nevill Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nevill Road |
| Jan 2024 | Anti-social behaviour | On or near Nevill Road | |
| Jan 2024 | Anti-social behaviour | On or near Nevill Road |