£331,493
This estimated value is based upon the latest sale price for the house of £261,000 on 8 Aug 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £261,000 | 8 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2017 the House Price Index for EAST SUSSEX was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £261,000 results in an estimated price of approximately £331,493.
| 8 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £261,000 | £70,493 | £331,493 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | -19.028 % | £-49,663 | £211,336 |
| 3 Month Average | 15.597 % | £40,707 | £301,707 |
| 6 Month Average | 30.545 % | £79,721 | £340,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £283,626 | £280,000 | 41 WILLOUGHBY CRESCENT |
| 20 Apr 2023 | £353,810 | £350,000 | 3 FINMERE ROAD |
| 19 Apr 2023 | £264,852 | £262,000 | 251 SOUTHBOURNE ROAD |
| 16 Mar 2023 | £338,186 | £335,000 | 5 WILLOUGHBY CRESCENT |
| 21 Mar 2022 | £284,972 | £275,000 | 259 SOUTHBOURNE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 May 2017. Using an estimated price of £331,493 means this house is valued at £3,810 per sq meter (£353 per sq foot).
The average size of a house on NORTHBOURNE ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Finmere Road |
| Mar 2024 | Anti-social behaviour | On or near Finmere Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Southbourne Road |
| Mar 2024 | Theft from the person | Under investigation | On or near Southbourne Road |
| Feb 2024 | Drugs | Under investigation | On or near Southbourne Road |