£315,960
This estimated value is based upon the latest sale price for the house of £290,000 on 16 Nov 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£290,000 | 16 Nov 2021 |
£164,950 | 22 Jun 2004 |
£17,000 | 19 Jan 2000 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 November 2021 the House Price Index for EAST SUSSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £290,000 results in an estimated price of approximately £315,960.
16 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £290,000 | £25,960 | £315,960 |
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 | 84.519 % | £245,105 | £535,105 |
3 Month Average | 21.135 % | £61,292 | £351,292 |
6 Month Average | 5.236 % | £15,185 | £305,185 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £325,501 | £320,500 | 10 PARK CLOSE |
26 Sep 2023 | £398,791 | £390,000 | 137 PARK VIEW |
1 Aug 2023 | £325,878 | £320,000 | 8 PARK CLOSE |
31 Mar 2023 | £350,859 | £345,000 | 151 PARK VIEW |
9 Mar 2023 | £127,123 | £125,000 | 2 IDEN COURT PARK WAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 8 Sep 2021. Using an estimated price of £315,961 means this house is valued at £5,744 per sq meter (£533 per sq foot).
The average size of a house on PARK AVENUE is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Possession of weapons | Under investigation | On or near Park Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Close |
Jul 2024 | Anti-social behaviour | On or near Park Close | |
Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Park Close |