£485,870
This estimated value is based upon the latest sale price for the house of £385,000 on 18 Oct 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £385,000 | 18 Oct 2017 |
| £275,000 | 11 Aug 2011 |
| £200,000 | 4 Oct 2002 |
| £85,000 | 28 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 426 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 2017 the House Price Index for EAST SUSSEX was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £385,000 results in an estimated price of approximately £485,870.
| 18 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £385,000 | £100,870 | £485,870 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 32.120 % | £123,661 | £508,661 |
| 3 Month Average | 2.202 % | £8,476 | £393,476 |
| 6 Month Average | 9.523 % | £36,664 | £421,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £567,202 | £559,950 | 111 VALENCE ROAD |
| 7 Aug 2023 | £575,031 | £570,000 | 95 DE MONTFORT ROAD |
| 20 Jul 2023 | £466,276 | £460,000 | 130 WESTERN ROAD |
| 26 Apr 2023 | £606,531 | £600,000 | 76 VALENCE ROAD |
| 20 Apr 2023 | £386,158 | £382,000 | 134 WESTERN ROAD |
This house has a floor area of 39 sq meters or 426 sq feet when measured on 27 Oct 2010. Using an estimated price of £485,870 means this house is valued at £12,269 per sq meter (£1,139 per sq foot).
The average size of a house on SPITAL ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Mar 2024 | Anti-social behaviour | On or near Spital Road | |
| Feb 2024 | Burglary | Under investigation | On or near Leicester Road |