£327,462
This estimated value is based upon the latest sale price for the house of £290,000 on 9 Apr 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£290,000 | 9 Apr 2021 |
£278,000 | 29 May 2018 |
£199,950 | 19 Sep 2012 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 761 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 April 2021 the House Price Index for EAST SUSSEX was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £290,000 results in an estimated price of approximately £327,462.
9 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 148.6 | 12.918 % | £290,000 | £37,462 | £327,462 |
The Postcode Pricing Model uses changes in average sales price within the TN31 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 | 40.635 % | £117,841 | £407,841 |
3 Month Average | -5.515 % | £-15,994 | £274,005 |
6 Month Average | 20.199 % | £58,576 | £348,576 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £452,925 | £445,000 | 43 UDIMORE ROAD |
1 Nov 2023 | £142,104 | £140,000 | 1 BURRA WAY |
27 Sep 2023 | £344,404 | £340,000 | 16 VIDLER SQUARE |
7 Aug 2023 | £60,530 | £60,000 | 21 PEACOCKE WAY |
16 Jun 2023 | £455,518 | £450,000 | 13 VIDLER SQUARE |
This house has a floor area of 70 sq meters or 761 sq feet when measured on 18 Feb 2012. Using an estimated price of £327,462 means this house is valued at £4,630 per sq meter (£430 per sq foot).
The average size of a house on SPRINGFIELD DRIVE is 97 sq meters (1,046 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Udimore Road |
Mar 2024 | Anti-social behaviour | On or near B2089 | |
Mar 2024 | Anti-social behaviour | On or near B2089 | |
Apr 2024 | Criminal damage and arson | Under investigation | On or near The Link |
Apr 2024 | Drugs | Under investigation | On or near The Link |