£339,646
This estimated value is based upon the latest sale price for the house of £224,000 on 29 Sep 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£224,000 | 29 Sep 2014 |
£214,000 | 15 Jan 2014 |
£227,500 | 28 Mar 2008 |
£115,000 | 15 Jun 2001 |
Detached |
Freehold |
Floor Area: 76 sq meters or 827 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 September 2014 the House Price Index for EAST SUSSEX was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £224,000 results in an estimated price of approximately £339,646.
29 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £224,000 | £115,646 | £339,646 |
The Postcode Pricing Model uses changes in average sales price within the TN34 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 | 76.298 % | £170,907 | £394,907 |
3 Month Average | 71.642 % | £160,478 | £384,478 |
6 Month Average | 65.992 % | £147,821 | £371,821 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £220,000 | £220,000 | 82 LINLEY DRIVE |
15 Sep 2023 | £286,311 | £280,000 | 3 WILMINGTON ROAD |
21 Aug 2023 | £392,071 | £385,000 | 1 RAVINE CLOSE |
23 Sep 2022 | £439,706 | £440,000 | 83 HOADS WOOD ROAD |
16 May 2022 | £410,700 | £400,000 | 3 RAVINE CLOSE |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 21 Nov 2011. Using an estimated price of £339,647 means this house is valued at £4,416 per sq meter (£410 per sq foot).
The average size of a house on RAVINE CLOSE is 116 sq meters (1,253 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (827 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Linley Drive | |
Jul 2024 | Theft from the person | Under investigation | On or near Linley Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Linley Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Linley Drive |
Jun 2024 | Possession of weapons | Under investigation | On or near Linley Drive |