£153,381
This estimated value is based upon the latest sale price for the house of £150,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 1 Sep 2023 |
| £90,000 | 23 Dec 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 2023 the House Price Index for EAST SUSSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £150,000 results in an estimated price of approximately £153,381.
| 1 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £150,000 | £3,381 | £153,381 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | -0.181 % | £-271 | £149,728 |
| 3 Month Average | 16.935 % | £25,403 | £175,403 |
| 6 Month Average | 0.714 % | £1,070 | £151,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £129,626 | £128,500 | FLAT 9 GARRETT COURT VICARAGE LANE |
| 7 Dec 2023 | £134,121 | £130,000 | FLAT 8 GARRETT COURT VICARAGE LANE |
| 27 Nov 2023 | £112,865 | £110,000 | FLAT 31 GARRETT COURT VICARAGE LANE |
| 1 Sep 2023 | £153,381 | £150,000 | 24 TIMBERS COURT |
| 18 Aug 2023 | £142,571 | £140,000 | 22 TIMBERS COURT |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 3 Oct 2013. Using an estimated price of £153,381 means this house is valued at £3,932 per sq meter (£365 per sq foot).
The average size of a house on TIMBERS COURT is 61 sq meters (662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Timbers Court |