£318,977
This estimated value is based upon the latest sale price for the house of £175,000 on 31 Jul 2009. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 31 Jul 2009 |
| £125,000 | 23 May 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 July 2009 the House Price Index for EAST SUSSEX was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £175,000 results in an estimated price of approximately £318,977.
| 31 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.273 % | £175,000 | £143,977 | £318,977 |
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 | 92.417 % | £161,730 | £336,730 |
| 3 Month Average | 81.113 % | £141,948 | £316,948 |
| 6 Month Average | 79.099 % | £138,422 | £313,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £374,537 | £370,000 | 17 OAKHURST CLOSE |
| 27 Apr 2022 | £391,324 | £380,000 | 20 THE WOODLANDS |
| 8 Mar 2022 | £321,241 | £310,000 | 17 CHAILEY CLOSE |
| 21 Feb 2022 | £183,522 | £175,000 | 2 WOODLANDS WAY |
| 2 Aug 2021 | £329,107 | £295,000 | 4 YEW TREE CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 29 Jun 2021. Using an estimated price of £318,977 means this house is valued at £3,624 per sq meter (£336 per sq foot).
The average size of a house on THE RIDGE is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near The Woodlands |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Woodlands |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chailey Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Netherwood Close |
| Apr 2024 | Public order | Under investigation | On or near Netherwood Close |