£433,028
This estimated value is based upon the latest sale price for the house of £335,000 on 4 Apr 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £335,000 | 4 Apr 2017 |
| £84,000 | 19 Apr 1999 |
| £59,950 | 10 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 April 2017 the House Price Index for EAST SUSSEX was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £335,000 results in an estimated price of approximately £433,028.
| 4 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £335,000 | £98,028 | £433,028 |
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 | 1.971 % | £6,603 | £341,603 |
| 3 Month Average | 18.881 % | £63,250 | £398,250 |
| 6 Month Average | 23.951 % | £80,236 | £415,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £428,443 | £422,100 | 25 JERSEY STREET |
| 31 Mar 2023 | £565,326 | £560,000 | 45 JERSEY STREET |
| 9 Mar 2023 | £514,851 | £510,000 | 16 BELGRAVE STREET |
| 30 Aug 2022 | £155,083 | £155,500 | FLAT 2 9 BELGRAVE PLACE |
| 15 Jul 2022 | £536,444 | £535,000 | 2 BELGRAVE STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 21 Dec 2016. Using an estimated price of £433,029 means this house is valued at £7,732 per sq meter (£718 per sq foot).
The average size of a house on NEWARK PLACE is 68 sq meters (737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Belgrave Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belgrave Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belgrave Street |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Southover Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lewes Street |