£331,031
This estimated value is based upon the latest sale price for the house of £210,000 on 27 Jul 2007. 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 Ivor Road
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| Price Paid | Date |
|---|---|
| £210,000 | 27 Jul 2007 |
| £175,000 | 19 Jul 2004 |
| £55,000 | 30 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2007 the House Price Index for EAST SUSSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £210,000 results in an estimated price of approximately £331,031.
| 27 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £210,000 | £121,031 | £331,031 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 36.924 % | £77,540 | £287,540 |
| 3 Month Average | 55.123 % | £115,757 | £325,757 |
| 6 Month Average | 75.634 % | £158,831 | £368,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £456,139 | £450,000 | 14 MCWILLIAM ROAD |
| 24 Mar 2023 | £353,329 | £350,000 | 7 DOWNSWAY |
| 24 Aug 2022 | £393,940 | £395,000 | 5 DOWNSWAY |
| 12 Aug 2022 | £463,752 | £465,000 | 24A DOWNSWAY |
| 5 Aug 2022 | £458,765 | £460,000 | 34 MCWILLIAM ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Apr 2015. Using an estimated price of £331,031 means this house is valued at £5,426 per sq meter (£504 per sq foot).
The average size of a house on DOWNSWAY is 96 sq meters (1,035 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Ivor Road |
| Feb 2024 | Burglary | Under investigation | On or near Ivor Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ivor Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ivor Road |
| Jan 2024 | Other crime | Under investigation | On or near Mcwilliam Road |