£282,151
This estimated value is based upon the latest sale price for the house of £107,000 on 16 Oct 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £107,000 | 16 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2002 the House Price Index for EAST SUSSEX was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £107,000 results in an estimated price of approximately £282,151.
| 16 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £107,000 | £175,151 | £282,151 |
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 | 133.263 % | £142,591 | £249,591 |
| 3 Month Average | 150.467 % | £160,999 | £267,999 |
| 6 Month Average | 168.497 % | £180,291 | £287,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £310,214 | £307,500 | 161 HILLCREST ROAD |
| 22 Jun 2023 | £301,148 | £297,500 | 51 WESTERN ROAD |
| 3 Feb 2023 | £219,852 | £220,000 | 50 GIBBON ROAD |
| 8 Nov 2022 | £176,364 | £178,500 | 193 HILLCREST ROAD |
| 8 Sep 2022 | £269,821 | £272,000 | 175 HILLCREST ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Jul 2021. Using an estimated price of £282,151 means this house is valued at £3,762 per sq meter (£349 per sq foot).
The average size of a house on GIBBON ROAD is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Hill Crest Road |
| Feb 2024 | Anti-social behaviour | On or near Hill Crest Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hill Crest Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hill Crest Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Hill Crest Road |