£252,130
This estimated value is based upon the latest sale price for the house of £97,500 on 18 Nov 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £97,500 | 18 Nov 2002 |
| £65,500 | 11 Jan 2000 |
| £43,000 | 2 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 November 2002 the House Price Index for EAST SUSSEX was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £97,500 results in an estimated price of approximately £252,130.
| 18 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £97,500 | £154,630 | £252,130 |
The Postcode Pricing Model uses changes in average sales price within the TN34 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 | 251.763 % | £245,468 | £342,968 |
| 3 Month Average | 232.249 % | £226,442 | £323,942 |
| 6 Month Average | 208.648 % | £203,431 | £300,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £519,511 | £515,000 | 65 LOWER PARK ROAD |
| 14 Dec 2023 | £226,974 | £220,000 | FLAT 1 FAIRSTONE COURT, 73 LOWER PARK ROAD |
| 27 Nov 2023 | £225,730 | £220,000 | 2 ALEXANDRA PARK VILLAS, 68 LOWER PARK ROAD |
| 9 Oct 2023 | £276,275 | £270,000 | 9 ROBERT TRESSELL CLOSE |
| 22 Sep 2023 | £189,170 | £185,000 | FLAT 2 FAIRSTONE COURT, 73 LOWER PARK ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 22 Mar 2016. Using an estimated price of £252,130 means this house is valued at £4,848 per sq meter (£450 per sq foot).
The average size of a house on ROBERT TRESSELL CLOSE is 62 sq meters (673 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Piltdown Close |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Piltdown Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Piltdown Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Coppice |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lower Park Road |