£356,721
This estimated value is based upon the latest sale price for the house of £350,000 on 6 May 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£350,000 | 6 May 2022 |
£310,000 | 12 Aug 2016 |
£33,000 | 31 Oct 1996 |
Terraced |
Freehold |
Floor Area: 44 sq meters or 473 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 2022 the House Price Index for EAST SUSSEX was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £350,000 results in an estimated price of approximately £356,721.
6 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £350,000 | £6,721 | £356,721 |
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 | -10.371 % | £-36,300 | £313,699 |
3 Month Average | -3.232 % | £-11,313 | £338,686 |
6 Month Average | 8.749 % | £30,621 | £380,621 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £428,443 | £422,100 | 25 JERSEY STREET |
30 Aug 2023 | £181,589 | £180,000 | FLAT 4 104 SOUTHOVER STREET |
31 Mar 2023 | £565,326 | £560,000 | 45 JERSEY STREET |
3 Nov 2022 | £419,914 | £425,000 | 100 WASHINGTON STREET |
24 Jun 2022 | £610,122 | £601,500 | 22 SOUTHOVER STREET |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 24 Jun 2015. Using an estimated price of £356,722 means this house is valued at £8,107 per sq meter (£753 per sq foot).
The average size of a house on SOUTHOVER STREET is 79 sq meters (850 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Southover Street |
Feb 2024 | Other crime | Local resolution | On or near Lewes Street |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lewes Street |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lewes Street |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Lewes Street |