£405,933
This estimated value is based upon the latest sale price for the house of £327,000 on 21 Nov 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £327,000 | 21 Nov 2018 |
| £210,000 | 9 Sep 2010 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 786 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 2018 the House Price Index for EAST SUSSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £327,000 results in an estimated price of approximately £405,933.
| 21 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £327,000 | £78,933 | £405,933 |
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 | 15.442 % | £50,495 | £377,495 |
| 3 Month Average | 14.073 % | £46,018 | £373,018 |
| 6 Month Average | 6.824 % | £22,313 | £349,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £386,888 | £375,000 | 6 SCARLETTS CLOSE |
| 27 Oct 2023 | £1,013,007 | £990,000 | UNIT 1 31 BELL LANE |
| 23 Jun 2023 | £448,998 | £440,000 | 16 ROCKS PARK ROAD |
| 30 Mar 2023 | £501,373 | £493,000 | 28 ROCKS PARK ROAD |
| 13 Jan 2023 | £245,656 | £245,000 | UNIT 4 BELLBROOK INDUSTRIAL ESTATE BELL LANE |
This house has a floor area of 73 sq meters or 786 sq feet when measured on 28 May 2010. Using an estimated price of £405,934 means this house is valued at £5,558 per sq meter (£516 per sq foot).
The average size of a house on SCARLETTS CLOSE is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Scarletts Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Scarletts Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Rocks Park Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rocks Park Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bell Lane |