£221,797
This estimated value is based upon the latest sale price for the house of £59,950 on 18 Aug 2000. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£59,950 | 18 Aug 2000 |
£41,500 | 31 Jul 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 August 2000 the House Price Index for EAST SUSSEX was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £59,950 results in an estimated price of approximately £221,797.
18 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £59,950 | £161,847 | £221,797 |
The Postcode Pricing Model uses changes in average sales price within the BN10 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 | 418.377 % | £250,817 | £310,767 |
3 Month Average | 238.988 % | £143,273 | £203,223 |
6 Month Average | 269.154 % | £161,357 | £221,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Feb 2023 | £164,889 | £165,000 | FLAT 1 5 LAKE DRIVE |
13 Feb 2023 | £192,371 | £192,500 | FLAT 14 5 BALCOMBE ROAD |
7 Nov 2022 | £222,307 | £225,000 | FLAT 1 1 LAKE DRIVE |
31 Oct 2022 | £202,816 | £205,000 | FLAT 15 1 BALCOMBE ROAD |
14 Oct 2022 | £192,923 | £195,000 | FLAT 6 2 LAKE DRIVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 10 Feb 2017. Using an estimated price of £221,797 means this house is valued at £4,435 per sq meter (£412 per sq foot).
The average size of a house on LAKE DRIVE is 52 sq meters (565 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Lake Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lake Drive |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lake Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lake Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lake Drive |