£1,167,602
This estimated value is based upon the latest sale price for the house of £495,000 on 16 Jun 2003. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£495,000 | 16 Jun 2003 |
£240,000 | 2 May 1997 |
Detached |
Freehold |
Floor Area: 269 sq meters or 2,895 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 June 2003 the House Price Index for EAST SUSSEX was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £495,000 results in an estimated price of approximately £1,167,602.
16 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 148.6 | 135.879 % | £495,000 | £672,602 | £1,167,602 |
The Postcode Pricing Model uses changes in average sales price within the TN6 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 | 123.054 % | £609,118 | £1,104,118 |
3 Month Average | 76.579 % | £379,066 | £874,066 |
6 Month Average | 125.113 % | £619,308 | £1,114,308 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £629,317 | £620,000 | BEACONSTONE COTTAGE BEACON ROAD WEST |
21 Aug 2023 | £317,780 | £315,000 | FLAT 11 CONAN DOYLE COURT GOLDSMITHS AVENUE |
24 Mar 2022 | £290,153 | £280,000 | FLAT 9 CONAN DOYLE COURT GOLDSMITHS AVENUE |
24 Jan 2022 | £418,332 | £397,500 | FLAT 5 ANGROVE HOUSE GOLDSMITHS AVENUE |
15 Dec 2021 | £937,455 | £875,000 | LONG CRENDON COTTAGE GOLDSMITHS AVENUE |
This house has a floor area of 269 sq meters or 2,895 sq feet when measured on 14 Jul 2017. Using an estimated price of £1,167,602 means this house is valued at £4,340 per sq meter (£403 per sq foot).
The average size of a house on BEACON ROAD WEST is 216 sq meters (2,326 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ingleside Drive |
Mar 2024 | Other theft | Under investigation | On or near Highlands Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highlands Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Bailey Place |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bailey Place |