£418,047
This estimated value is based upon the latest sale price for the house of £77,500 on 19 Dec 1996. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £77,500 | 19 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 December 1996 the House Price Index for EAST SUSSEX was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £77,500 results in an estimated price of approximately £418,047.
| 19 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £77,500 | £340,547 | £418,047 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 693.149 % | £537,190 | £614,690 |
| 3 Month Average | 656.480 % | £508,772 | £586,272 |
| 6 Month Average | 664.690 % | £515,134 | £592,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £450,763 | £445,000 | 54 FALLOWFIELD CRESCENT |
| 24 Aug 2023 | £651,491 | £645,792 | 35 MEADWAY CRESCENT |
| 30 Jun 2023 | £490,947 | £485,000 | 25 MEADWAY CRESCENT |
| 27 Jun 2023 | £779,441 | £770,000 | 180 NEVILL AVENUE |
| 21 Jun 2022 | £471,666 | £465,000 | 10 MEADWAY CRESCENT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 Jun 2020. Using an estimated price of £418,048 means this house is valued at £5,649 per sq meter (£524 per sq foot).
The average size of a house on FALLOWFIELD CRESCENT is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadway Crescent |