£299,675
This estimated value is based upon the latest sale price for the house of £230,500 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £230,500 | 10 Feb 2017 |
| £134,950 | 19 Dec 2003 |
| £52,000 | 21 Nov 1997 |
| 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 February 2017 the House Price Index for EAST SUSSEX was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £230,500 results in an estimated price of approximately £299,675.
| 10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £230,500 | £69,175 | £299,675 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 6.349 % | £14,634 | £245,134 |
| 3 Month Average | 30.067 % | £69,304 | £299,804 |
| 6 Month Average | 29.487 % | £67,968 | £298,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £172,084 | £170,000 | 14A WATERMILL CLOSE |
| 16 Mar 2023 | £423,995 | £420,000 | 1 CLEMENT LANE |
| 2 Feb 2023 | £268,819 | £269,000 | 135 SOUTHFIELD |
| 15 Aug 2022 | £294,208 | £295,000 | 121 SOUTHFIELD |
| 26 Apr 2022 | £252,301 | £245,000 | 4 WATERMILL CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 Sep 2016. Using an estimated price of £299,675 means this house is valued at £3,405 per sq meter (£316 per sq foot).
The average size of a house on SOUTHFIELD is 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wannock Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wannock Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wannock Drive |
| Mar 2024 | Other theft | Under investigation | On or near Watermill Close |
| Mar 2024 | Public order | Under investigation | On or near Watermill Close |