£441,344
This estimated value is based upon the latest sale price for the house of £432,500 on 5 Jun 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£432,500 | 5 Jun 2023 |
£307,000 | 27 Jan 2020 |
£275,000 | 4 Oct 2016 |
£170,000 | 31 Mar 2005 |
£64,000 | 30 Apr 1996 |
Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 June 2023 the House Price Index for EAST SUSSEX was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £432,500 results in an estimated price of approximately £441,344.
5 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £432,500 | £8,844 | £441,344 |
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 | 14.659 % | £63,401 | £495,901 |
3 Month Average | 14.806 % | £64,037 | £496,537 |
6 Month Average | 6.775 % | £29,299 | £461,799 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £228,511 | £225,000 | 51 MALVERN WAY |
13 Dec 2023 | £225,943 | £219,000 | 110 MALVERN WAY |
10 Aug 2023 | £651,755 | £640,000 | 82 PINE AVENUE |
5 Jun 2023 | £441,345 | £432,500 | 36 PINE AVENUE |
14 Apr 2023 | £519,721 | £510,000 | 43 PINE AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 Oct 2016. Using an estimated price of £441,345 means this house is valued at £4,903 per sq meter (£455 per sq foot).
The average size of a house on PINE AVENUE is 110 sq meters (1,193 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Pine Avenue |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Pine Avenue |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pine Avenue |
Jul 2024 | Anti-social behaviour | On or near Malvern Way | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Malvern Way |