£250,632
This estimated value is based upon the latest sale price for the house of £145,000 on 12 Aug 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £145,000 | 12 Aug 2011 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,242 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 2011 the House Price Index for EAST SUSSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £145,000 results in an estimated price of approximately £250,632.
| 12 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £145,000 | £105,632 | £250,632 |
The Postcode Pricing Model uses changes in average sales price within the BN9 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 | 64.494 % | £93,516 | £238,516 |
| 3 Month Average | 87.368 % | £126,683 | £271,683 |
| 6 Month Average | 93.495 % | £135,567 | £280,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £202,729 | £200,000 | 40 LEWES ROAD |
| 2 Jun 2023 | £258,127 | £255,000 | 107 LEWES ROAD |
| 2 Sep 2022 | £307,467 | £309,950 | 91 LEWES ROAD |
| 20 May 2022 | £244,609 | £240,000 | 109 LEWES ROAD |
| 5 Apr 2022 | £242,003 | £235,000 | 50 ELPHICK ROAD |
This house has a floor area of 115 sq meters or 1,242 sq feet when measured on 10 Jun 2011. Using an estimated price of £250,633 means this house is valued at £2,171 per sq meter (£201 per sq foot).
The average size of a house on LEWES ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elphick Road |
| Mar 2024 | Anti-social behaviour | On or near Elphick Road | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Elphick Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elphick Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Elphick Road |