£320,844
This estimated value is based upon the latest sale price for the house of £325,000 on 2 Feb 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 2 Feb 2023 |
| £228,000 | 25 Oct 2018 |
| £183,000 | 25 Jun 2012 |
| £143,000 | 15 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 740 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 2023 the House Price Index for EAST SUSSEX was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £325,000 results in an estimated price of approximately £320,844.
| 2 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £325,000 | £-4,155 | £320,844 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | -10.933 % | £-35,533 | £289,466 |
| 3 Month Average | -6.388 % | £-20,760 | £304,239 |
| 6 Month Average | 4.726 % | £15,358 | £340,358 |
This house has a floor area of 68 sq meters or 740 sq feet when measured on 16 Feb 2012.
The average size of a house on LOWER ROAD is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Motcombe Lane | |
| Feb 2024 | Anti-social behaviour | On or near Motcombe Lane | |
| Dec 2023 | Other theft | Under investigation | On or near Gore Park Road |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Gore Park Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gore Park Road |