£449,978
This estimated value is based upon the latest sale price for the house of £441,500 on 20 May 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £441,500 | 20 May 2022 |
| £200,000 | 19 Sep 2008 |
| £125,000 | 26 Sep 2000 |
| £53,500 | 30 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2022 the House Price Index for EAST SUSSEX was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £441,500 results in an estimated price of approximately £449,978.
| 20 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £441,500 | £8,478 | £449,978 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 8.810 % | £38,896 | £480,396 |
| 3 Month Average | 1.170 % | £5,167 | £446,667 |
| 6 Month Average | 7.931 % | £35,016 | £476,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jan 2023 | £73,653 | £74,000 | GARAGE AT THE BACK OF 78 UPPER LEWES ROAD |
| 12 Jan 2023 | £218,969 | £220,000 | 89 LEWES ROAD |
| 9 Aug 2022 | £229,383 | £230,000 | 9A EDINBURGH ROAD |
| 8 Jul 2022 | £601,619 | £600,000 | 18 INVERNESS ROAD |
| 20 May 2022 | £449,979 | £441,500 | 5 INVERNESS ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 13 Jul 2018. Using an estimated price of £449,979 means this house is valued at £5,113 per sq meter (£475 per sq foot).
The average size of a house on INVERNESS ROAD is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Inverness Road | |
| Apr 2024 | Public order | Under investigation | On or near Inverness Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Inverness Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Inverness Road |
| Mar 2024 | Anti-social behaviour | On or near Inverness Road |