£556,578
This estimated value is based upon the latest sale price for the house of £435,000 on 11 Aug 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£435,000 | 11 Aug 2017 |
£139,950 | 20 May 1998 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 2017 the House Price Index for EAST SUSSEX was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £435,000 results in an estimated price of approximately £556,578.
11 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 149.7 | 27.949 % | £435,000 | £121,578 | £556,578 |
The Postcode Pricing Model uses changes in average sales price within the TN22 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 | 10.284 % | £44,733 | £479,733 |
3 Month Average | 23.806 % | £103,555 | £538,555 |
6 Month Average | 18.973 % | £82,532 | £517,532 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Aug 2023 | £483,724 | £475,000 | 29 WOODPECKER WAY |
16 Jan 2023 | £396,058 | £395,000 | 50 GOLDCREST DRIVE |
26 Aug 2022 | £311,456 | £310,000 | 40 GOLDCREST DRIVE |
28 Jul 2022 | £530,314 | £525,000 | 10 WOODPECKER WAY |
12 Apr 2022 | £555,021 | £535,000 | 68 MALLARD DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 Nov 2016. Using an estimated price of £556,578 means this house is valued at £5,456 per sq meter (£506 per sq foot).
The average size of a house on PIPIT MEADOW is 111 sq meters (1,200 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Pipit Meadow |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Mallard Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Linnet Green |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Selby Close |
May 2024 | Violence and sexual offences | Local resolution | On or near Selby Rise |