£268,508
This estimated value is based upon the latest sale price for the house of £149,000 on 9 Dec 2005. 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 Furness Road
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| Price Paid | Date |
|---|---|
| £149,000 | 9 Dec 2005 |
| £71,000 | 8 Feb 2001 |
| £44,500 | 26 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 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 2005 the House Price Index for EAST SUSSEX was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £149,000 results in an estimated price of approximately £268,508.
| 9 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £149,000 | £119,508 | £268,508 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | 53.017 % | £78,994 | £227,994 |
| 3 Month Average | 40.256 % | £59,981 | £208,981 |
| 6 Month Average | 53.957 % | £80,396 | £229,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £325,699 | £320,000 | 32 SOUTH STREET |
| 10 Aug 2023 | £174,863 | £173,333 | FLAT 2 STANMER HOUSE, 26 FURNESS ROAD |
| 20 Jul 2023 | £131,774 | £130,000 | FLAT 2 DENE COURT, 10 - 12 SOUTH STREET |
| 30 Jun 2023 | £308,740 | £305,000 | FLAT 6 STANMER HOUSE, 26 FURNESS ROAD |
| 8 Jun 2023 | £222,698 | £220,000 | FLAT 5 ARNWORTH COURT, 3 FURNESS ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 8 Feb 2014. Using an estimated price of £268,508 means this house is valued at £2,237 per sq meter (£207 per sq foot).
The average size of a house on FURNESS ROAD is 131 sq meters (1,412 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Furness Road |
| Mar 2024 | Anti-social behaviour | On or near Furness Road | |
| Mar 2024 | Burglary | Under investigation | On or near Furness Road |
| Mar 2024 | Anti-social behaviour | On or near Furness Road | |
| Feb 2024 | Public order | Awaiting court outcome | On or near Furness Road |