£478,204
This estimated value is based upon the latest sale price for the house of £389,950 on 31 Oct 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£389,950 | 31 Oct 2019 |
Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 2019 the House Price Index for EAST SUSSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £389,950 results in an estimated price of approximately £478,204.
31 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £389,950 | £88,254 | £478,204 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 15.631 % | £60,952 | £450,902 |
3 Month Average | 6.916 % | £26,967 | £416,917 |
6 Month Average | 18.372 % | £71,641 | £461,591 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £351,653 | £345,500 | 7 MILLSTONE DRIVE |
18 Aug 2023 | £264,312 | £262,000 | 24 OTHAM PARK |
21 Jul 2023 | £443,975 | £438,000 | 8 WHEEL GARDENS |
7 Jul 2023 | £623,390 | £615,000 | THE OLD THATCH MILL ROAD |
26 Jun 2023 | £283,433 | £280,000 | 84 MERLIN COURT OBSERVATORY VIEW |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 10 Jul 2019. Using an estimated price of £478,205 means this house is valued at £3,735 per sq meter (£347 per sq foot).
The average size of a house on MILLSTONE DRIVE is 109 sq meters (1,178 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Damsel Grove |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheel Gardens |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Tower Crescent |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tower Crescent |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tower Crescent |