£246,222
This estimated value is based upon the latest sale price for the house of £175,000 on 1 Oct 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 1 Oct 2015 |
| £132,000 | 31 Jul 2006 |
| £132,000 | 31 Jul 2006 |
| £45,000 | 21 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 699 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 October 2015 the House Price Index for EAST SUSSEX was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £175,000 results in an estimated price of approximately £246,222.
| 1 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £175,000 | £71,222 | £246,222 |
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 | 8.956 % | £15,673 | £190,673 |
| 3 Month Average | 36.039 % | £63,068 | £238,068 |
| 6 Month Average | 46.524 % | £81,416 | £256,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £314,015 | £310,000 | 30 LOTTBRIDGE DRIVE |
| 18 Aug 2023 | £286,506 | £284,000 | 23 FRENCHGATE CLOSE |
| 4 Aug 2023 | £277,427 | £275,000 | WINSTAN THE HYDNEYE |
| 29 Jun 2023 | £293,556 | £290,000 | 17 WITHYHAM CLOSE |
| 12 Jun 2023 | £308,740 | £305,000 | 14 FRENCHGATE CLOSE |
This house has a floor area of 64 sq meters or 699 sq feet when measured on 21 Dec 2010. Using an estimated price of £246,223 means this house is valued at £3,790 per sq meter (£352 per sq foot).
The average size of a house on FRENCHGATE ROAD is 95 sq meters (1,027 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Frenchgate Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Hydneye |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Hydneye |
| Mar 2024 | Other theft | Under investigation | On or near The Hydneye |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near The Hydneye |