£337,516
This estimated value is based upon the latest sale price for the house of £275,000 on 25 Oct 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 25 Oct 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 October 2018 the House Price Index for EAST SUSSEX was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £275,000 results in an estimated price of approximately £337,516.
| 25 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £275,000 | £62,516 | £337,516 |
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 | 45.206 % | £124,316 | £399,316 |
| 3 Month Average | 7.583 % | £20,853 | £295,853 |
| 6 Month Average | 22.868 % | £62,886 | £337,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £251,993 | £249,950 | FLAT 4 40 FRIARS WALK |
| 23 Jun 2023 | £947,684 | £940,000 | 21 STYLES FIELD |
| 5 Apr 2023 | £367,733 | £365,000 | FLAT 18 40 FRIARS WALK |
| 24 Feb 2023 | £494,660 | £497,000 | FLAT 1 9 STYLES FIELD |
| 15 Feb 2023 | £209,011 | £210,000 | FLAT 6 THE BANK, 43 FRIARS WALK |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 28 Mar 2018. Using an estimated price of £337,517 means this house is valued at £8,882 per sq meter (£825 per sq foot).
The average size of a house on FRIARS WALK is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Friars' Walk |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Friars' Walk |
| Feb 2024 | Anti-social behaviour | On or near Friars' Walk | |
| Feb 2024 | Anti-social behaviour | On or near Friars' Walk | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Friars' Walk |