£704,484
This estimated value is based upon the latest sale price for the house of £419,000 on 14 Aug 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £419,000 | 14 Aug 2012 |
| £419,000 | 14 Aug 2012 |
| £370,000 | 13 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,374 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 August 2012 the House Price Index for EAST SUSSEX was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.135%.Applying this 68.135% change to the original purchase price of £419,000 results in an estimated price of approximately £704,484.
| 14 Aug 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.135 % | £419,000 | £285,484 | £704,484 |
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 | 34.076 % | £142,777 | £561,777 |
| 3 Month Average | 9.152 % | £38,345 | £457,345 |
| 6 Month Average | 48.011 % | £201,167 | £620,167 |
This house has a floor area of 127 sq meters or 1,374 sq feet when measured on 5 Dec 2011.
The average size of a house on MELFORT ROAD is 237 sq meters (2,554 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Beacon Road | |
| Dec 2023 | Anti-social behaviour | On or near Beacon Road | |
| Dec 2023 | Anti-social behaviour | On or near Beacon Road | |
| Dec 2023 | Anti-social behaviour | On or near Beacon Road | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Whincroft Park |