£581,258
This estimated value is based upon the latest sale price for the house of £575,000 on 4 Apr 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £575,000 | 4 Apr 2023 |
| £425,000 | 19 Feb 2015 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 April 2023 the House Price Index for EAST SUSSEX was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £575,000 results in an estimated price of approximately £581,258.
| 4 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £575,000 | £6,258 | £581,258 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 2.438 % | £14,018 | £589,018 |
| 3 Month Average | -26.087 % | £-149,999 | £425,000 |
| 6 Month Average | -16.769 % | £-96,423 | £478,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £350,184 | £345,000 | FLAT 6 THE OLD BREWERY THOMAS STREET |
| 25 Aug 2023 | £258,259 | £256,000 | 18 THOMAS STREET |
| 20 Jul 2023 | £212,865 | £210,000 | 30 THE SPINNEYS |
| 4 Apr 2023 | £581,259 | £575,000 | 29 THE NURSERIES |
| 19 Jan 2023 | £368,265 | £370,000 | 22 THE SPINNEYS |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 23 Jan 2015. Using an estimated price of £581,259 means this house is valued at £4,403 per sq meter (£409 per sq foot).
The average size of a house on THE NURSERIES is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Nurseries | |
| Feb 2024 | Anti-social behaviour | On or near The Nurseries | |
| Feb 2024 | Anti-social behaviour | On or near The Nurseries | |
| Jan 2024 | Anti-social behaviour | On or near The Nurseries | |
| Jan 2024 | Anti-social behaviour | On or near The Nurseries |