£176,285
This estimated value is based upon the latest sale price for the house of £48,000 on 15 Sep 2000. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £48,000 | 15 Sep 2000 |
| £36,500 | 2 Dec 1999 |
| £29,950 | 7 Nov 1997 |
| £27,750 | 4 Oct 1995 |
| £19,750 | 15 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 517 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 September 2000 the House Price Index for EAST SUSSEX was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £48,000 results in an estimated price of approximately £176,285.
| 15 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £48,000 | £128,285 | £176,285 |
The Postcode Pricing Model uses changes in average sales price within the BN10 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 | 510.464 % | £245,022 | £293,022 |
| 3 Month Average | 244.016 % | £117,127 | £165,127 |
| 6 Month Average | 278.121 % | £133,498 | £181,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £164,889 | £165,000 | FLAT 1 5 LAKE DRIVE |
| 13 Feb 2023 | £192,371 | £192,500 | FLAT 14 5 BALCOMBE ROAD |
| 31 Oct 2022 | £202,816 | £205,000 | FLAT 15 1 BALCOMBE ROAD |
| 14 Oct 2022 | £192,923 | £195,000 | FLAT 6 2 LAKE DRIVE |
| 14 Oct 2022 | £192,923 | £195,000 | FLAT 14 1 LAKE DRIVE |
This house has a floor area of 48 sq meters or 517 sq feet when measured on 7 Sep 2010. Using an estimated price of £176,285 means this house is valued at £3,664 per sq meter (£340 per sq foot).
The average size of a house on BALCOMBE ROAD is 52 sq meters (567 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lake Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lake Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lake Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lake Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lake Drive |