£405,465
This estimated value is based upon the latest sale price for the house of £225,000 on 19 Dec 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 19 Dec 2005 |
| £83,500 | 16 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 December 2005 the House Price Index for EAST SUSSEX was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £225,000 results in an estimated price of approximately £405,465.
| 19 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £225,000 | £180,465 | £405,465 |
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 | 94.047 % | £211,605 | £436,605 |
| 3 Month Average | 78.226 % | £176,007 | £401,007 |
| 6 Month Average | 83.611 % | £188,123 | £413,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £806,947 | £795,000 | 21 SOUTHOVER HIGH STREET |
| 24 Feb 2023 | £614,586 | £615,000 | 6 VERRALLS WALK |
| 20 Feb 2023 | £724,512 | £725,000 | 18 CLUNY STREET |
| 31 Jan 2023 | £975,405 | £980,000 | 28 CLUNY STREET |
| 24 Aug 2022 | £528,577 | £530,000 | 4 ST JAMES STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 5 May 2016. Using an estimated price of £405,466 means this house is valued at £7,650 per sq meter (£710 per sq foot).
The average size of a house on MONKS LANE is 75 sq meters (814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Potter'S Lane |
| Jan 2024 | Drugs | Under investigation | On or near St James Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St James Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St James Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cleve Terrace |