£369,488
This estimated value is based upon the latest sale price for the house of £156,000 on 12 May 2003. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £156,000 | 12 May 2003 |
| £84,500 | 23 Jul 1999 |
| £73,000 | 20 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 2003 the House Price Index for EAST SUSSEX was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £156,000 results in an estimated price of approximately £369,488.
| 12 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £156,000 | £213,488 | £369,488 |
The Postcode Pricing Model uses changes in average sales price within the BN25 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 | 228.211 % | £356,009 | £512,009 |
| 3 Month Average | 132.617 % | £206,881 | £362,881 |
| 6 Month Average | 131.362 % | £204,925 | £360,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £286,002 | £283,500 | 9 BRAMBER CLOSE |
| 9 Aug 2022 | £438,819 | £440,000 | 9 EAST STREET |
| 29 Jul 2022 | £426,147 | £425,000 | 38 EAST STREET |
| 11 Jul 2022 | £461,242 | £460,000 | THE HOLLIES GUARDSWELL PLACE |
| 8 Jun 2022 | £547,741 | £540,000 | THE RETREAT GUARDSWELL PLACE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 27 Sep 2016. Using an estimated price of £369,489 means this house is valued at £3,889 per sq meter (£361 per sq foot).
The average size of a house on MERCREAD ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mercread Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near East Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near East Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Street |
| Jan 2024 | Anti-social behaviour | On or near East Street |