£489,550
This estimated value is based upon the latest sale price for the house of £297,000 on 4 Oct 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£297,000 | 4 Oct 2013 |
£249,500 | 14 Nov 2003 |
Detached |
Freehold |
Floor Area: 84 sq meters or 913 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 October 2013 the House Price Index for EAST SUSSEX was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £297,000 results in an estimated price of approximately £489,550.
4 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £297,000 | £192,550 | £489,550 |
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 | 132.827 % | £394,497 | £691,497 |
3 Month Average | 109.259 % | £324,498 | £621,498 |
6 Month Average | 84.353 % | £250,527 | £547,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £438,473 | £425,000 | 12 WOODLANDS WAY |
8 Mar 2022 | £323,619 | £310,000 | 17 CHAILEY CLOSE |
21 Feb 2022 | £501,817 | £475,000 | 365 THE RIDGE |
21 Feb 2022 | £184,880 | £175,000 | 2 WOODLANDS WAY |
28 Jan 2022 | £402,875 | £380,000 | 30 WOODLANDS WAY |
This house has a floor area of 84 sq meters or 913 sq feet when measured on 15 Jan 2010. Using an estimated price of £489,550 means this house is valued at £5,767 per sq meter (£535 per sq foot).
The average size of a house on PARKWOOD ROAD is 159 sq meters (1,722 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Park Wood Road |
Jun 2024 | Anti-social behaviour | On or near Park Wood Road | |
Jun 2024 | Anti-social behaviour | On or near Park Wood Road | |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Sandrock Park |
May 2024 | Violence and sexual offences | Local resolution | On or near Wrotham Close |