£289,052
This estimated value is based upon the latest sale price for the house of £250,000 on 2 Dec 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Rookwood Close
More crime details
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Price Paid | Date |
---|---|
£250,000 | 2 Dec 2020 |
£183,000 | 18 Jan 2008 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 December 2020 the House Price Index for EAST SUSSEX was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £250,000 results in an estimated price of approximately £289,052.
2 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £250,000 | £39,052 | £289,052 |
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 | -5.935 % | £-14,837 | £235,162 |
3 Month Average | 7.202 % | £18,005 | £268,005 |
6 Month Average | 0.591 % | £1,477 | £251,477 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £362,539 | £356,000 | 6 BOUNDSWAY |
19 Jun 2023 | £229,601 | £225,000 | 1 ROOKWOOD CLOSE |
6 Jan 2023 | £303,812 | £303,000 | 120 TOWER RIDE |
5 Jan 2023 | £364,975 | £364,000 | 10 CUCKMERE PATH |
16 Dec 2021 | £350,775 | £325,000 | 11 BOUNDSWAY |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 8 Nov 2018. Using an estimated price of £289,052 means this house is valued at £4,379 per sq meter (£406 per sq foot).
The average size of a house on MICHELHAM ROAD is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Rookwood Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near The Laurels |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Streele View |