£230,947
This estimated value is based upon the latest sale price for the house of £66,000 on 2 Mar 2001. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£66,000 | 2 Mar 2001 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 March 2001 the House Price Index for EAST SUSSEX was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £66,000 results in an estimated price of approximately £230,947.
2 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.5 | 148.6 | 249.920 % | £66,000 | £164,947 | £230,947 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 178.069 % | £117,525 | £183,525 |
3 Month Average | 234.799 % | £154,967 | £220,967 |
6 Month Average | 269.270 % | £177,718 | £243,718 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £210,111 | £207,000 | 42 SYDNEY ROAD |
16 Aug 2023 | £232,030 | £230,000 | 7 MELBOURNE ROAD |
9 Aug 2023 | £267,339 | £265,000 | 30 MELBOURNE ROAD |
30 Mar 2023 | £168,588 | £167,000 | 30 BELMORE ROAD |
27 Oct 2022 | £270,092 | £273,000 | 23 MELBOURNE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 24 Mar 2011. Using an estimated price of £230,947 means this house is valued at £3,498 per sq meter (£325 per sq foot).
The average size of a house on MELBOURNE ROAD is 74 sq meters (806 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Belmore Road |
Dec 2023 | Anti-social behaviour | On or near Belmore Road | |
Dec 2023 | Anti-social behaviour | On or near Belmore Road | |
Dec 2023 | Anti-social behaviour | On or near Belmore Road | |
Dec 2023 | Anti-social behaviour | On or near Belmore Road |