£868,495
This estimated value is based upon the latest sale price for the house of £320,000 on 3 Sep 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£320,000 | 3 Sep 2002 |
Detached |
Freehold |
Floor Area: 147 sq meters or 1,590 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 2002 the House Price Index for EAST SUSSEX was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £320,000 results in an estimated price of approximately £868,495.
3 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 149.7 | 171.405 % | £320,000 | £548,495 | £868,495 |
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 | 73.829 % | £236,253 | £556,253 |
3 Month Average | 132.046 % | £422,546 | £742,546 |
6 Month Average | 127.545 % | £408,143 | £728,143 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £288,877 | £280,000 | 7 CASTLE WAY |
23 Aug 2023 | £661,939 | £650,000 | 1 TIMBERLEY GARDENS |
22 Jul 2022 | £313,138 | £310,000 | 6 BULLFINCH GARDENS |
21 Jul 2022 | £416,675 | £412,500 | 3 MEADOW VIEWS |
30 Jun 2022 | £357,645 | £350,000 | 12 CASTLE WAY |
This house has a floor area of 147 sq meters or 1,590 sq feet when measured on 18 Mar 2011. Using an estimated price of £868,496 means this house is valued at £5,877 per sq meter (£546 per sq foot).
The average size of a house on TIMBERLEY GARDENS is 191 sq meters (2,064 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Timberley Gardens |
May 2024 | Violence and sexual offences | Under investigation | On or near The Potteries |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Ridgewood Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Teelings Drive |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Mallard Drive |