£666,431
This estimated value is based upon the latest sale price for the house of £510,000 on 27 Jan 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £510,000 | 27 Jan 2017 |
| £80,950 | 28 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2017 the House Price Index for EAST SUSSEX was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £510,000 results in an estimated price of approximately £666,431.
| 27 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £510,000 | £156,431 | £666,431 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | -11.667 % | £-59,500 | £450,499 |
| 3 Month Average | 12.306 % | £62,760 | £572,760 |
| 6 Month Average | 25.581 % | £130,462 | £640,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £498,726 | £490,000 | 16 HANOVER MEWS |
| 5 Dec 2023 | £471,245 | £463,000 | 89 HANOVER STREET |
| 24 Aug 2023 | £504,413 | £500,000 | 23 HANOVER STREET |
| 27 Jul 2023 | £532,162 | £525,000 | 7 HANOVER MEWS |
| 3 Feb 2023 | £469,684 | £470,000 | 11 HANOVER MEWS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Aug 2016. Using an estimated price of £666,432 means this house is valued at £7,660 per sq meter (£711 per sq foot).
The average size of a house on HANOVER MEWS is 74 sq meters (806 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hanover Mews |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hanover Mews |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hanover Mews |
| Dec 2023 | Drugs | Under investigation | On or near Hanover Mews |