£632,418
This estimated value is based upon the latest sale price for the house of £475,000 on 31 Aug 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £475,000 | 31 Aug 2016 |
| £389,995 | 31 May 2013 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 August 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £475,000 results in an estimated price of approximately £632,418.
| 31 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £475,000 | £157,418 | £632,418 |
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 | 18.563 % | £88,172 | £563,172 |
| 3 Month Average | 21.558 % | £102,399 | £577,399 |
| 6 Month Average | 22.744 % | £108,036 | £583,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £385,710 | £380,000 | 2 LARCH END |
| 7 Aug 2023 | £363,177 | £360,000 | 16 BAXENDALE WAY |
| 21 Jun 2023 | £506,131 | £500,000 | 9 OLD COMMON WAY |
| 7 Jun 2023 | £116,410 | £115,000 | 8 THE SPINNEY |
| 20 Feb 2023 | £389,738 | £390,000 | 30 OLD COMMON WAY |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 21 Nov 2012. Using an estimated price of £632,419 means this house is valued at £3,903 per sq meter (£362 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 |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Old Common Way |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Old Common Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Old Common Way |
| Mar 2024 | Anti-social behaviour | On or near Kingfisher Close | |
| Mar 2024 | Anti-social behaviour | On or near Kingfisher Close |