£425,544
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Jul 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 27 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 898 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 July 2012 the House Price Index for EAST SUSSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £250,000 results in an estimated price of approximately £425,544.
| 27 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £250,000 | £175,544 | £425,544 |
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 | 25.426 % | £63,565 | £313,565 |
| 3 Month Average | 26.356 % | £65,891 | £315,891 |
| 6 Month Average | 40.507 % | £101,268 | £351,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £360,000 | £360,000 | 42 THE MEADOWS |
| 31 Aug 2023 | £716,266 | £710,000 | 16 CHURCH LANE |
| 4 Aug 2023 | £469,104 | £465,000 | 12 MALLING DOWN |
| 30 Mar 2023 | £585,516 | £580,000 | 20 THE MEADOWS |
| 19 Aug 2022 | £443,805 | £445,000 | 17 PRINCE CHARLES ROAD |
This house has a floor area of 83 sq meters or 898 sq feet when measured on 28 Sep 2011. Using an estimated price of £425,545 means this house is valued at £5,098 per sq meter (£473 per sq foot).
The average size of a house on THE MEADOWS is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Prince Charles Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Prince Charles Road |