£566,389
This estimated value is based upon the latest sale price for the house of £550,000 on 12 Apr 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£550,000 | 12 Apr 2022 |
£400,000 | 13 Nov 2017 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 2022 the House Price Index for EAST SUSSEX was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £550,000 results in an estimated price of approximately £566,389.
12 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £550,000 | £16,389 | £566,389 |
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 | -6.347 % | £-34,907 | £515,092 |
3 Month Average | -16.430 % | £-90,366 | £459,633 |
6 Month Average | -6.545 % | £-35,995 | £514,004 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £304,093 | £300,000 | 28 SUN STREET |
12 Apr 2023 | £313,374 | £310,000 | 34 ST JOHN STREET |
1 Feb 2023 | £509,657 | £510,000 | 18 ST JOHN STREET |
13 Jan 2023 | £398,125 | £400,000 | 12 EDWARD STREET |
15 Jul 2022 | £561,512 | £560,000 | FLAT 10 THE OLD POLICE STATION, 35 WEST STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Oct 2016. Using an estimated price of £566,390 means this house is valued at £6,293 per sq meter (£584 per sq foot).
The average size of a house on EDWARD STREET is 126 sq meters (1,360 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Edward Street |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near St John Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mount Place |
Feb 2024 | Other theft | Under investigation | On or near Mount Place |