£290,623
This estimated value is based upon the latest sale price for the house of £148,000 on 26 Jul 2004. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £148,000 | 26 Jul 2004 |
| £135,000 | 18 Sep 2003 |
| £86,000 | 9 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 July 2004 the House Price Index for EAST SUSSEX was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £148,000 results in an estimated price of approximately £290,623.
| 26 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £148,000 | £142,623 | £290,623 |
The Postcode Pricing Model uses changes in average sales price within the TN21 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 | 50.919 % | £75,360 | £223,360 |
| 3 Month Average | 63.667 % | £94,226 | £242,226 |
| 6 Month Average | 93.256 % | £138,018 | £286,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £263,694 | £257,000 | 45 FRENCHES FARM DRIVE |
| 30 Jun 2023 | £278,583 | £273,000 | 25 ALDER CLOSE |
| 2 Mar 2023 | £244,076 | £240,000 | 69 FRENCHES FARM DRIVE |
| 14 Oct 2022 | £229,234 | £230,000 | 11 ROWAN CLOSE |
| 18 Jul 2022 | £289,400 | £286,500 | 16 FRENCHES FARM DRIVE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 12 Aug 2019. Using an estimated price of £290,623 means this house is valued at £5,483 per sq meter (£509 per sq foot).
The average size of a house on ALDER CLOSE is 63 sq meters (687 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Alder Close |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Alder Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alder Close |
| Apr 2024 | Public order | Under investigation | On or near Rowan Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Ghyll Road |