£531,804
This estimated value is based upon the latest sale price for the house of £522,500 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £522,500 | 1 Dec 2023 |
| Detached |
| Freehold |
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 December 2023 the House Price Index for EAST SUSSEX was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £522,500 results in an estimated price of approximately £531,804.
| 1 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £522,500 | £9,304 | £531,804 |
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 | 41.852 % | £218,675 | £741,175 |
| 3 Month Average | 21.294 % | £111,262 | £633,762 |
| 6 Month Average | 13.894 % | £72,597 | £595,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £531,805 | £522,500 | 51 CASTLE RISE |
| 30 Jun 2022 | £355,017 | £350,000 | 12 CASTLE WAY |
| 1 Jun 2022 | £491,952 | £485,000 | 24 CASTLE RISE |
| 28 Sep 2021 | £404,097 | £375,000 | 27 WARES ROAD |
| 25 Jun 2021 | £396,982 | £370,000 | 41 WARES ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Eastbourne Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Highview Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Timberley Gardens |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Pipers Field |