£555,310
This estimated value is based upon the latest sale price for the house of £325,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£325,000 | 29 Jun 2012 |
Detached |
Freehold |
Floor Area: 132 sq meters or 1,430 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 June 2012 the House Price Index for EAST SUSSEX was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £325,000 results in an estimated price of approximately £555,310.
29 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.865 % | £325,000 | £230,310 | £555,310 |
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 | 40.398 % | £131,295 | £456,295 |
3 Month Average | 66.753 % | £216,946 | £541,946 |
6 Month Average | 67.552 % | £219,544 | £544,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £365,617 | £360,000 | 40 OLD COMMON WAY |
27 Nov 2023 | £389,897 | £380,000 | 2 LARCH END |
21 Jun 2023 | £510,225 | £500,000 | 9 OLD COMMON WAY |
7 Jun 2023 | £117,352 | £115,000 | 8 THE SPINNEY |
20 Feb 2023 | £392,623 | £390,000 | 30 OLD COMMON WAY |
This house has a floor area of 132 sq meters or 1,430 sq feet when measured on 28 Mar 2012. Using an estimated price of £555,310 means this house is valued at £4,179 per sq meter (£388 per sq foot).
The average size of a house on OLD COMMON WAY is 106 sq meters (1,151 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Under investigation | On or near Old Common Way |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Old Common Way |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Old Common Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Teelings Drive |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eagle Close |