£507,099
This estimated value is based upon the latest sale price for the house of £480,000 on 9 Feb 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£480,000 | 9 Feb 2022 |
£100,000 | 11 Nov 1996 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 February 2022 the House Price Index for EAST SUSSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £480,000 results in an estimated price of approximately £507,099.
9 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £480,000 | £27,099 | £507,099 |
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 | 8.298 % | £39,832 | £519,832 |
3 Month Average | 57.858 % | £277,717 | £757,717 |
6 Month Average | 7.063 % | £33,904 | £513,904 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £608,704 | £590,000 | 10 KINGFISHER CLOSE |
28 Nov 2023 | £707,971 | £690,000 | 3 HARLANDS MEWS |
13 Sep 2022 | £449,700 | £450,000 | 25 OSPREY DRIVE |
18 Aug 2022 | £653,054 | £650,000 | 10 THE NIGHTINGALES |
28 Apr 2022 | £440,904 | £425,000 | 20 EAGLE CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 12 Sep 2021. Using an estimated price of £507,099 means this house is valued at £5,227 per sq meter (£485 per sq foot).
The average size of a house on OSPREY DRIVE is 125 sq meters (1,348 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eagle Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eagle Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Harlands Mews |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Mallard Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Selby Gardens |