£615,282
This estimated value is based upon the latest sale price for the house of £500,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £500,000 | 23 Aug 2019 |
| £249,950 | 30 Mar 2005 |
| £179,950 | 30 May 2001 |
| £73,500 | 1 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2019 the House Price Index for EAST SUSSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £500,000 results in an estimated price of approximately £615,282.
| 23 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £500,000 | £115,282 | £615,282 |
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 | 10.431 % | £52,157 | £552,157 |
| 3 Month Average | -2.378 % | £-11,889 | £488,110 |
| 6 Month Average | 5.053 % | £25,265 | £525,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £420,375 | £415,000 | 11 VALENCE ROAD |
| 11 Sep 2023 | £567,202 | £559,950 | 111 VALENCE ROAD |
| 26 Apr 2023 | £606,531 | £600,000 | 76 VALENCE ROAD |
| 10 Feb 2023 | £614,586 | £615,000 | 60 LEICESTER ROAD |
| 22 Sep 2022 | £610,073 | £615,000 | 13 LEICESTER ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 11 Jun 2019. Using an estimated price of £615,282 means this house is valued at £6,091 per sq meter (£565 per sq foot).
The average size of a house on LEICESTER ROAD is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Valence Road |
| Jan 2024 | Anti-social behaviour | On or near Valence Road | |
| Jan 2024 | Anti-social behaviour | On or near Valence Road | |
| Jan 2024 | Anti-social behaviour | On or near Valence Road | |
| Feb 2024 | Burglary | Under investigation | On or near Leicester Road |