£587,836
This estimated value is based upon the latest sale price for the house of £458,000 on 7 Feb 2017. 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 Ersham Way
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| Price Paid | Date |
|---|---|
| £458,000 | 7 Feb 2017 |
| £300,000 | 1 Jul 2005 |
| £220,000 | 30 Apr 2002 |
| £120,000 | 22 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 February 2017 the House Price Index for EAST SUSSEX was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £458,000 results in an estimated price of approximately £587,836.
| 7 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £458,000 | £129,836 | £587,836 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 15.669 % | £71,764 | £529,764 |
| 3 Month Average | 4.449 % | £20,376 | £478,376 |
| 6 Month Average | 24.352 % | £111,533 | £569,533 |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 5 Dec 2015.
The average size of a house on ERSHAM ROAD is 123 sq meters (1,328 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ersham Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ersham Way |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |
| Feb 2024 | Other theft | Under investigation | On or near South Road |
| Jan 2024 | Drugs | Local resolution | On or near South Road |