£472,725
This estimated value is based upon the latest sale price for the house of £278,000 on 8 Feb 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£278,000 | 8 Feb 2013 |
£272,500 | 31 Jul 2008 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,042 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 February 2013 the House Price Index for EAST SUSSEX was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £278,000 results in an estimated price of approximately £472,725.
8 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £278,000 | £194,725 | £472,725 |
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 | 76.433 % | £212,482 | £490,482 |
3 Month Average | 85.780 % | £238,467 | £516,467 |
6 Month Average | 63.752 % | £177,231 | £455,231 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2024 | £420,000 | £420,000 | DARCEY, 11B NEW TOWN |
22 Sep 2023 | £378,340 | £370,000 | 38 BRIDGE FARM ROAD |
19 Sep 2023 | £373,227 | £365,000 | 22 FARRIERS WAY |
28 Jan 2022 | £408,176 | £385,000 | 1 FARRIERS WAY |
25 Jan 2022 | £397,574 | £375,000 | 24 FARRIERS WAY |
This house has a floor area of 96 sq meters or 1,042 sq feet when measured on 2 Dec 2011. Using an estimated price of £472,726 means this house is valued at £4,882 per sq meter (£453 per sq foot).
The average size of a house on FARRIERS WAY is 104 sq meters (1,127 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Farriers Way | |
May 2024 | Anti-social behaviour | On or near Farriers Way | |
May 2024 | Anti-social behaviour | On or near Farriers Way | |
Apr 2024 | Anti-social behaviour | On or near Farriers Way | |
Apr 2024 | Anti-social behaviour | On or near Farriers Way |