£730,965
This estimated value is based upon the latest sale price for the house of £375,000 on 16 Jul 2004. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£375,000 | 16 Jul 2004 |
£127,500 | 28 Jan 2000 |
Terraced |
Freehold |
Floor Area: 118 sq meters or 1,270 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 July 2004 the House Price Index for EAST SUSSEX was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £375,000 results in an estimated price of approximately £730,965.
16 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 148.6 | 94.924 % | £375,000 | £355,965 | £730,965 |
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 | 97.766 % | £366,622 | £741,622 |
3 Month Average | 82.734 % | £310,254 | £685,254 |
6 Month Average | 102.223 % | £383,337 | £758,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £650,000 | £650,000 | 2 TORONTO TERRACE |
26 Apr 2023 | £429,626 | £425,000 | HOLBROOK TORONTO TERRACE |
31 Mar 2023 | £847,989 | £840,000 | 8 PELHAM TERRACE |
16 Sep 2022 | £1,249,907 | £1,260,000 | 9 - 10 PELHAM TERRACE |
1 Sep 2022 | £952,310 | £960,000 | 1A OFFHAM ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 9 Jul 2018. Using an estimated price of £730,966 means this house is valued at £6,194 per sq meter (£575 per sq foot).
The average size of a house on PELHAM TERRACE is 123 sq meters (1,334 sq feet).
This house is the largest in the street with a floor area of 118 sq meters (1,270 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Pelham Terrace |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pelham Terrace |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Talbot Terrace |
Dec 2023 | Anti-social behaviour | On or near Wallands Crescent | |
Dec 2023 | Anti-social behaviour | On or near Wallands Crescent |