£403,504
This estimated value is based upon the latest sale price for the house of £400,000 on 5 Apr 2024. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£400,000 | 5 Apr 2024 |
£215,000 | 2 Sep 2010 |
£175,000 | 9 Feb 2009 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,047 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 April 2024 the House Price Index for EAST SUSSEX was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £400,000 results in an estimated price of approximately £403,504.
5 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.4 | 149.7 | 0.876 % | £400,000 | £3,504 | £403,504 |
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 | -21.177 % | £-84,709 | £315,290 |
3 Month Average | -0.214 % | £-855 | £399,144 |
6 Month Average | -6.878 % | £-27,512 | £372,487 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £403,504 | £400,000 | 51 SELBY RISE |
3 Nov 2023 | £215,469 | £210,000 | 17 LINNET GREEN |
30 Jun 2023 | £382,669 | £375,000 | 15 SELBY RISE |
18 Apr 2023 | £368,900 | £362,000 | 37 LINNET GREEN |
21 Sep 2022 | £239,840 | £240,000 | FIRST FLOOR FLAT 48 HARCOURT ROAD |
This house has a floor area of 97 sq meters or 1,047 sq feet when measured on 12 May 2010. Using an estimated price of £403,504 means this house is valued at £4,147 per sq meter (£385 per sq foot).
The average size of a house on SELBY RISE is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Local resolution | On or near Selby Rise |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Selby Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Linnet Green |
Jul 2024 | Anti-social behaviour | On or near Vernon Road | |
Jul 2024 | Burglary | Under investigation | On or near Vernon Road |