£222,291
This estimated value is based upon the latest sale price for the house of £219,000 on 8 Nov 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£219,000 | 8 Nov 2023 |
£169,950 | 6 Oct 2015 |
£129,000 | 6 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 November 2023 the House Price Index for EAST SUSSEX was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £219,000 results in an estimated price of approximately £222,291.
8 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £219,000 | £3,291 | £222,291 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | -33.385 % | £-73,112 | £145,887 |
3 Month Average | -16.333 % | £-35,768 | £183,231 |
6 Month Average | -4.863 % | £-10,649 | £208,350 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £165,000 | £165,000 | 79A SOUTH STREET |
8 Nov 2023 | £222,291 | £219,000 | FLAT 5 COLLEGE COURT SPENCER ROAD |
29 Aug 2023 | £209,836 | £208,000 | FLAT 3 14 COLLEGE ROAD |
5 Apr 2023 | £151,633 | £150,000 | FLAT 3 81 SOUTH STREET |
10 Mar 2023 | £183,731 | £182,000 | FLAT 2 PARK HOUSE, 18 COLLEGE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Mar 2015. Using an estimated price of £222,291 means this house is valued at £2,813 per sq meter (£261 per sq foot).
The average size of a house on SPENCER ROAD is 72 sq meters (778 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Spencer Road | |
Apr 2024 | Anti-social behaviour | On or near Spencer Road | |
Apr 2024 | Anti-social behaviour | On or near Spencer Road | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spencer Road |
Feb 2024 | Anti-social behaviour | On or near Spencer Road |