£229,063
This estimated value is based upon the latest sale price for the house of £132,500 on 28 Oct 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £132,500 | 28 Oct 2011 |
| £128,000 | 6 Nov 2006 |
| £46,500 | 10 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 38 sq meters or 409 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 2011 the House Price Index for EAST SUSSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £132,500 results in an estimated price of approximately £229,063.
| 28 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £132,500 | £96,563 | £229,063 |
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 | 98.637 % | £130,694 | £263,194 |
| 3 Month Average | 81.591 % | £108,108 | £240,608 |
| 6 Month Average | 79.974 % | £105,964 | £238,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £359,142 | £356,000 | 6 BOUNDSWAY |
| 19 Jun 2023 | £227,759 | £225,000 | 1 ROOKWOOD CLOSE |
| 16 Jun 2023 | £334,046 | £330,000 | 114 NEVILL ROAD |
| 5 Jan 2023 | £362,293 | £364,000 | 10 CUCKMERE PATH |
| 19 Jul 2022 | £902,429 | £900,000 | BROOK HOUSE HEMPSTEAD LANE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 15 Jun 2011. Using an estimated price of £229,064 means this house is valued at £6,013 per sq meter (£558 per sq foot).
The average size of a house on OAKWOOD DRIVE is 58 sq meters (634 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Laurels |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Laurels |
| Apr 2024 | Burglary | Under investigation | On or near Rookwood Close |