£389,438
This estimated value is based upon the latest sale price for the house of £305,000 on 1 Sep 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £305,000 | 1 Sep 2017 |
| £215,600 | 10 Apr 2013 |
| £166,500 | 5 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2017 the House Price Index for EAST SUSSEX was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £305,000 results in an estimated price of approximately £389,438.
| 1 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £305,000 | £84,438 | £389,438 |
The Postcode Pricing Model uses changes in average sales price within the TN21 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 | -0.295 % | £-901 | £304,098 |
| 3 Month Average | 5.518 % | £16,829 | £321,829 |
| 6 Month Average | 16.371 % | £49,930 | £354,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £407,624 | £400,000 | 14 ELM WAY |
| 5 Jan 2023 | £551,474 | £550,000 | 15 MAGNOLIA CLOSE |
| 28 Sep 2022 | £449,700 | £450,000 | 10 ELM WAY |
| 31 Aug 2022 | £291,362 | £290,000 | 13 THE OAKS |
| 16 Jun 2022 | £607,997 | £595,000 | 11 WALNUT CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 21 Jan 2013. Using an estimated price of £389,439 means this house is valued at £4,375 per sq meter (£406 per sq foot).
The average size of a house on THE OAKS is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Coppice View |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bay Tree Close |
| Jul 2024 | Anti-social behaviour | On or near Woodland Way | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Cherry Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Parkside Close |