£142,243
This estimated value is based upon the latest sale price for the house of £115,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £115,000 | 31 Aug 2018 |
| £41,250 | 14 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 2018 the House Price Index for EAST SUSSEX was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £115,000 results in an estimated price of approximately £142,243.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £115,000 | £27,243 | £142,243 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | -4.905 % | £-5,640 | £109,359 |
| 3 Month Average | 9.734 % | £11,193 | £126,193 |
| 6 Month Average | 24.964 % | £28,708 | £143,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £113,373 | £112,000 | FLAT 12 ARGYLL COURT FAYGATE ROAD |
| 14 Mar 2023 | £116,094 | £115,000 | FLAT 32 ARGYLL COURT FAYGATE ROAD |
| 13 Mar 2023 | £242,283 | £240,000 | 12 BINSTED CLOSE |
| 13 Feb 2023 | £329,778 | £330,000 | 11 HENFIELD ROAD |
| 2 Sep 2022 | £297,597 | £300,000 | 17 BINSTED CLOSE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 15 Jun 2018. Using an estimated price of £142,244 means this house is valued at £3,092 per sq meter (£287 per sq foot).
The average size of a house on FAYGATE ROAD is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Faygate Road |
| Mar 2024 | Anti-social behaviour | On or near Faygate Road | |
| Feb 2024 | Anti-social behaviour | On or near Faygate Road | |
| Feb 2024 | Anti-social behaviour | On or near Faygate Road | |
| Feb 2024 | Anti-social behaviour | On or near Faygate Road |