£603,311
This estimated value is based upon the latest sale price for the house of £485,000 on 4 Jun 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£485,000 | 4 Jun 2018 |
£65,500 | 26 Jul 1996 |
Terraced |
Freehold |
Floor Area: 122 sq meters or 1,313 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 June 2018 the House Price Index for EAST SUSSEX was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £485,000 results in an estimated price of approximately £603,311.
4 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £485,000 | £118,311 | £603,311 |
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 | -11.439 % | £-55,481 | £429,518 |
3 Month Average | 12.173 % | £59,037 | £544,037 |
6 Month Average | 26.109 % | £126,627 | £611,627 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £384,922 | £380,000 | 108 ALBION HILL |
30 Aug 2023 | £294,577 | £292,000 | 102 ALBION HILL |
21 Apr 2023 | £454,898 | £450,000 | 22 HOLLAND STREET |
3 Apr 2023 | £580,248 | £574,000 | 96 ALBION HILL |
23 Mar 2023 | £380,586 | £377,000 | 40 ALBION HILL |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 24 Jan 2018. Using an estimated price of £603,312 means this house is valued at £4,945 per sq meter (£459 per sq foot).
The average size of a house on ALBION HILL is 73 sq meters (790 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Scotland Street |
Dec 2023 | Drugs | Awaiting court outcome | On or near Richmond Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Montreal Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Montreal Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Quebec Street |