£608,965
This estimated value is based upon the latest sale price for the house of £440,000 on 21 Dec 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £440,000 | 21 Dec 2015 |
| £400,000 | 11 Jan 2008 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 December 2015 the House Price Index for EAST SUSSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £440,000 results in an estimated price of approximately £608,965.
| 21 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £440,000 | £168,965 | £608,965 |
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 | 28.875 % | £127,049 | £567,049 |
| 3 Month Average | 24.348 % | £107,130 | £547,130 |
| 6 Month Average | 25.986 % | £114,338 | £554,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £369,727 | £365,000 | 22 FARRIERS WAY |
| 26 Aug 2022 | £431,339 | £432,500 | 41 FORGE RISE |
| 28 Jan 2022 | £405,177 | £385,000 | 1 FARRIERS WAY |
| 25 Jan 2022 | £394,653 | £375,000 | 24 FARRIERS WAY |
| 28 Sep 2021 | £404,097 | £375,000 | 50 FORGE RISE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 7 Apr 2016. Using an estimated price of £608,966 means this house is valued at £3,782 per sq meter (£351 per sq foot).
There is one other house on the street which we know the size of, this is 6 FORGE CLOSE it is 98.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Farriers Way | |
| Mar 2024 | Anti-social behaviour | On or near Farriers Way | |
| Mar 2024 | Anti-social behaviour | On or near Farriers Way | |
| Mar 2024 | Anti-social behaviour | On or near Farriers Way | |
| Mar 2024 | Anti-social behaviour | On or near Farriers Way |