£281,670
This estimated value is based upon the latest sale price for the house of £277,500 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £277,500 | 17 Nov 2023 |
| £159,950 | 25 Jun 2014 |
| £136,500 | 23 Sep 2005 |
| £74,500 | 23 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 November 2023 the House Price Index for EAST SUSSEX was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £277,500 results in an estimated price of approximately £281,670.
| 17 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £277,500 | £4,170 | £281,670 |
The Postcode Pricing Model uses changes in average sales price within the TN34 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 | 1.627 % | £4,515 | £282,015 |
| 3 Month Average | 0.085 % | £236 | £277,736 |
| 6 Month Average | -6.567 % | £-18,223 | £259,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £281,670 | £277,500 | 25 THE SPINNEY |
| 18 Jul 2023 | £299,025 | £295,000 | 5 LINTON COURT LINTON ROAD |
| 21 Apr 2023 | £328,537 | £325,000 | 7 FOREST WAY |
| 21 Feb 2023 | £469,684 | £470,000 | 4 KATHLEEN CLOSE |
| 7 Feb 2023 | £532,142 | £532,500 | 41 WYKEHAM ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 17 Mar 2014. Using an estimated price of £281,670 means this house is valued at £5,416 per sq meter (£503 per sq foot).
The average size of a house on THE SPINNEY is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near The Spinney |
| Feb 2024 | Possession of weapons | Local resolution | On or near The Spinney |
| Apr 2024 | Other crime | Under investigation | On or near Beatrice Close |
| Feb 2024 | Anti-social behaviour | On or near Kathleen Close | |
| Feb 2024 | Anti-social behaviour | On or near Kathleen Close |