£308,343
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Jul 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 24 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 July 2019 the House Price Index for EAST SUSSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £250,000 results in an estimated price of approximately £308,343.
| 24 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £250,000 | £58,343 | £308,343 |
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 | 53.828 % | £134,570 | £384,570 |
| 3 Month Average | 0.808 % | £2,019 | £252,019 |
| 6 Month Average | 31.495 % | £78,738 | £328,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £400,000 | £400,000 | 37 ELIM COURT GARDENS |
| 20 Dec 2023 | £493,637 | £485,000 | 11 JEFFERIES WAY |
| 21 Jul 2023 | £440,935 | £435,000 | GRAMERCI ST JOHNS ROAD |
| 20 Jul 2023 | £714,618 | £705,000 | 15 PLEASANT VIEW ROAD |
| 15 Jul 2022 | £792,132 | £790,000 | PENCOMBE LONDON ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 21 Feb 2017. Using an estimated price of £308,344 means this house is valued at £4,166 per sq meter (£387 per sq foot).
The average size of a house on LONDON ROAD is 133 sq meters (1,432 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near London Road |
| Feb 2024 | Other theft | Under investigation | On or near Brincliffe |