£863,432
This estimated value is based upon the latest sale price for the house of £499,950 on 16 May 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£499,950 | 16 May 2011 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 May 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 72.704%.Applying this 72.704% change to the original purchase price of £499,950 results in an estimated price of approximately £863,432.
16 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.704 % | £499,950 | £363,482 | £863,432 |
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 | 58.277 % | £291,353 | £791,303 |
3 Month Average | 45.766 % | £228,805 | £728,755 |
6 Month Average | 55.280 % | £276,370 | £776,320 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £1,225,000 | £1,225,000 | 21 THE AVENUE |
27 Sep 2023 | £658,419 | £650,000 | 6 ST PETERS PLACE |
21 Jul 2023 | £380,116 | £375,000 | 1 ST PETERS PLACE |
17 Feb 2023 | £444,701 | £445,000 | 3 WELLHOUSE PLACE |
22 Aug 2022 | £1,894,899 | £1,900,000 | 59 GRANGE ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 24 Nov 2010. Using an estimated price of £863,432 means this house is valued at £8,217 per sq meter (£763 per sq foot).
The average size of a house on PADDOCK LANE is 174 sq meters (1,878 sq feet).
This house is the smallest in the street with a floor area of 105 sq meters (1,130 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Paddock Lane | |
Dec 2023 | Anti-social behaviour | On or near Paddock Lane | |
Dec 2023 | Anti-social behaviour | On or near Paddock Lane | |
Dec 2023 | Anti-social behaviour | On or near Paddock Lane | |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Peters Place |