£247,846
This estimated value is based upon the latest sale price for the house of £230,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £230,000 | 24 Sep 2021 |
| £166,000 | 3 Dec 2012 |
| £129,000 | 19 Jan 2009 |
| £28,000 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 748 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 September 2021 the House Price Index for EAST SUSSEX was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £230,000 results in an estimated price of approximately £247,846.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £230,000 | £17,846 | £247,846 |
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 | -29.929 % | £-68,836 | £161,163 |
| 3 Month Average | -18.409 % | £-42,339 | £187,660 |
| 6 Month Average | -10.355 % | £-23,817 | £206,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £91,166 | £90,000 | FLAT 42 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 15 Aug 2023 | £118,537 | £117,500 | FLAT 2 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 26 Jul 2023 | £245,808 | £242,500 | 4 BEXHILL ROAD |
| 9 Jun 2023 | £159,431 | £157,500 | FLAT 7 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 2 Jun 2023 | £282,320 | £278,900 | 47 SIDLEY ROAD |
This house has a floor area of 69 sq meters or 748 sq feet when measured on 13 Jan 2012. Using an estimated price of £247,846 means this house is valued at £3,566 per sq meter (£331 per sq foot).
The average size of a house on SIDLEY ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sidley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beach Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beach Road |
| Dec 2023 | Other crime | Under investigation | On or near Beach Road |
| Mar 2024 | Public order | Under investigation | On or near Seaford Road |