£61,102
This estimated value is based upon the latest sale price for the house of £60,000 on 7 Aug 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£60,000 | 7 Aug 2023 |
£40,000 | 30 Oct 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 560 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 2023 the House Price Index for EAST SUSSEX was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £60,000 results in an estimated price of approximately £61,102.
7 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £60,000 | £1,102 | £61,102 |
The Postcode Pricing Model uses changes in average sales price within the TN31 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 | 9.596 % | £5,757 | £65,757 |
3 Month Average | 8.853 % | £5,311 | £65,311 |
6 Month Average | 2.799 % | £1,679 | £61,679 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £1,128,650 | £1,100,000 | 18 CADBOROUGH CLIFF |
1 Nov 2023 | £143,646 | £140,000 | 1 BURRA WAY |
26 Oct 2023 | £706,035 | £690,000 | 14 CADBOROUGH CLIFF |
27 Sep 2023 | £347,664 | £340,000 | 16 VIDLER SQUARE |
7 Aug 2023 | £61,102 | £60,000 | 21 PEACOCKE WAY |
This house has a floor area of 52 sq meters or 560 sq feet when measured on 25 Sep 2011. Using an estimated price of £61,102 means this house is valued at £1,172 per sq meter (£108 per sq foot).
The average size of a house on PEACOCKE WAY is 104 sq meters (1,123 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Burra Way |
Jul 2024 | Anti-social behaviour | On or near Springfield Drive | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield Drive |
May 2024 | Violence and sexual offences | Under investigation | On or near Cadborough Cliff |
Jul 2024 | Vehicle crime | Under investigation | On or near Oast House Drive |