£278,295
This estimated value is based upon the latest sale price for the house of £180,000 on 9 May 2014. 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 Hanover Road
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| Price Paid | Date |
|---|---|
| £180,000 | 9 May 2014 |
| £157,000 | 3 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2014 the House Price Index for EAST SUSSEX was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £180,000 results in an estimated price of approximately £278,295.
| 9 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £180,000 | £98,295 | £278,295 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 27.227 % | £49,008 | £229,008 |
| 3 Month Average | 53.805 % | £96,848 | £276,848 |
| 6 Month Average | 62.321 % | £112,176 | £292,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £65,977 | £65,000 | FLAT 3 218 SEASIDE |
| 17 Jul 2023 | £268,615 | £265,000 | 11 HANOVER ROAD |
| 4 Aug 2022 | £274,262 | £275,000 | 9 SPRINGFIELD ROAD |
| 29 Jul 2022 | £255,688 | £255,000 | 6 SPRINGFIELD ROAD |
| 29 Jul 2022 | £330,891 | £330,000 | 20 GILBERT ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 29 Jan 2014. Using an estimated price of £278,296 means this house is valued at £3,812 per sq meter (£354 per sq foot).
The average size of a house on SEASIDE is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Theft from the person | Under investigation | On or near Hanover Road |
| Mar 2024 | Burglary | Under investigation | On or near Hanover Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hanover Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hanover Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hanover Road |