£320,304
This estimated value is based upon the latest sale price for the house of £285,000 on 6 Aug 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 6 Aug 2021 |
| £200,000 | 12 Feb 2010 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2021 the House Price Index for EAST SUSSEX was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £285,000 results in an estimated price of approximately £320,304.
| 6 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £285,000 | £35,304 | £320,304 |
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 | -36.660 % | £-104,481 | £180,518 |
| 3 Month Average | -17.777 % | £-50,664 | £234,335 |
| 6 Month Average | -22.570 % | £-64,325 | £220,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £1,099,549 | £1,090,000 | 6A BULL LANE |
| 26 Oct 2023 | £736,733 | £720,000 | 12 ST MARTINS LANE |
| 22 Aug 2023 | £279,236 | £274,200 | 77 HIGH STREET |
| 8 Jun 2023 | £318,237 | £311,860 | 85A HIGH STREET |
| 1 Jun 2022 | £756,164 | £740,000 | 9 STEWARDS INN LANE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 3 Sep 2020. Using an estimated price of £320,304 means this house is valued at £5,522 per sq meter (£513 per sq foot).
There is one other house on the street which we know the size of, this is 4 STEWARDS INN LANE it is 45.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stewards Inn Lane |
| Jun 2024 | Bicycle theft | Under investigation | On or near St Swithun'S Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bull Lane |
| Jul 2024 | Anti-social behaviour | On or near Bull Lane | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bull Lane |