£211,572
This estimated value is based upon the latest sale price for the house of £149,950 on 27 Aug 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £149,950 | 27 Aug 2015 |
| £105,000 | 23 Sep 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 August 2015 the House Price Index for EAST SUSSEX was 104.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 41.095%.Applying this 41.095% change to the original purchase price of £149,950 results in an estimated price of approximately £211,572.
| 27 Aug 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 146.7 | 41.095 % | £149,950 | £61,622 | £211,572 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 44.059 % | £66,066 | £216,016 |
| 3 Month Average | 45.294 % | £67,918 | £217,868 |
| 6 Month Average | 45.510 % | £68,241 | £218,191 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 28 May 2015.
The average size of a house on THE MILLRACE is 75 sq meters (817 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near The Millrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Farmlands Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Farmlands Avenue |