£728,061
This estimated value is based upon the latest sale price for the house of £560,000 on 28 Feb 2017. 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 Furness Road
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| Price Paid | Date |
|---|---|
| £560,000 | 28 Feb 2017 |
| £199,000 | 22 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 220 sq meters or 2,368 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 2017 the House Price Index for EAST SUSSEX was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £560,000 results in an estimated price of approximately £728,061.
| 28 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £560,000 | £168,061 | £728,061 |
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 | -8.964 % | £-50,195 | £509,804 |
| 3 Month Average | 2.103 % | £11,775 | £571,775 |
| 6 Month Average | 22.433 % | £125,625 | £685,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £310,000 | £310,000 | 40 FURNESS ROAD |
| 22 Nov 2023 | £309,583 | £305,000 | GRANGE MEWS, 13B GRANGE ROAD |
| 10 Aug 2023 | £174,863 | £173,333 | FLAT 2 STANMER HOUSE, 26 FURNESS ROAD |
| 20 Jul 2023 | £131,774 | £130,000 | FLAT 2 DENE COURT, 10 - 12 SOUTH STREET |
| 30 Jun 2023 | £308,740 | £305,000 | FLAT 6 STANMER HOUSE, 26 FURNESS ROAD |
This house has a floor area of 220 sq meters or 2,368 sq feet when measured on 24 Jun 2016. Using an estimated price of £728,062 means this house is valued at £3,309 per sq meter (£307 per sq foot).
The average size of a house on GRANGE ROAD is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Furness Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Furness Road |
| Mar 2024 | Anti-social behaviour | On or near Furness Road | |
| Mar 2024 | Anti-social behaviour | On or near Furness Road | |
| Feb 2024 | Public order | Awaiting court outcome | On or near Furness Road |