£626,187
This estimated value is based upon the latest sale price for the house of £325,000 on 5 Aug 2004. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 5 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 2004 the House Price Index for EAST SUSSEX was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £325,000 results in an estimated price of approximately £626,187.
| 5 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £325,000 | £301,187 | £626,187 |
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 | 67.740 % | £220,153 | £545,153 |
| 3 Month Average | 116.169 % | £377,548 | £702,548 |
| 6 Month Average | 95.616 % | £310,752 | £635,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £404,354 | £400,000 | 14 ELM WAY |
| 5 Jan 2023 | £547,421 | £550,000 | 15 MAGNOLIA CLOSE |
| 28 Sep 2022 | £446,395 | £450,000 | 10 ELM WAY |
| 31 Aug 2022 | £289,221 | £290,000 | 13 THE OAKS |
| 16 Jun 2022 | £603,529 | £595,000 | 11 WALNUT CLOSE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 21 Apr 2011. Using an estimated price of £626,187 means this house is valued at £3,817 per sq meter (£354 per sq foot).
The average size of a house on ELM WAY is 127 sq meters (1,371 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Walnut Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawthorne Close |
| Feb 2024 | Anti-social behaviour | On or near Sandy Cross Lane | |
| Feb 2024 | Anti-social behaviour | On or near Sandy Cross Lane | |
| Feb 2024 | Anti-social behaviour | On or near Sandy Cross Lane |