£337,948
This estimated value is based upon the latest sale price for the house of £208,000 on 1 Nov 2013. 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 Meridian Road
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| Price Paid | Date |
|---|---|
| £208,000 | 1 Nov 2013 |
| £85,000 | 12 Jun 2001 |
| £52,000 | 31 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2013 the House Price Index for EAST SUSSEX was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £208,000 results in an estimated price of approximately £337,948.
| 1 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £208,000 | £129,948 | £337,948 |
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 | 77.614 % | £161,437 | £369,437 |
| 3 Month Average | 24.985 % | £51,967 | £259,967 |
| 6 Month Average | 42.213 % | £87,802 | £295,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £391,856 | £385,000 | 32 FITZROY ROAD |
| 29 Sep 2023 | £379,857 | £375,000 | 7 FITZROY ROAD |
| 20 Feb 2023 | £394,734 | £395,000 | 19 ERIDGE GREEN |
| 20 Jan 2023 | £398,125 | £400,000 | 24 LANDPORT ROAD |
| 21 Nov 2022 | £380,392 | £385,000 | 44 MERIDIAN ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Sep 2014. Using an estimated price of £337,948 means this house is valued at £4,566 per sq meter (£424 per sq foot).
The average size of a house on MERIDIAN ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Meridian Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hill Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Yarrow Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Yarrow Road |
| Mar 2024 | Other crime | Further action is not in the public interest | On or near Yarrow Road |