£307,855
This estimated value is based upon the latest sale price for the house of £245,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £245,000 | 25 May 2018 |
| £179,950 | 31 Jul 2014 |
| £142,000 | 29 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 May 2018 the House Price Index for EAST SUSSEX was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £245,000 results in an estimated price of approximately £307,855.
| 25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £245,000 | £62,855 | £307,855 |
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 | 73.250 % | £179,461 | £424,461 |
| 3 Month Average | 72.405 % | £177,393 | £422,393 |
| 6 Month Average | 44.501 % | £109,027 | £354,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £500,376 | £485,000 | 3 COCKCROW WOOD |
| 23 Oct 2023 | £409,296 | £400,000 | 533 THE RIDGE |
| 4 Sep 2023 | £544,503 | £532,500 | 6 COCKCROW WOOD |
| 26 Jul 2022 | £530,314 | £525,000 | 2 BYWAYS |
| 20 Jun 2022 | £398,519 | £390,000 | 15 ROWAN CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Oct 2013. Using an estimated price of £307,855 means this house is valued at £5,130 per sq meter (£476 per sq foot).
The average size of a house on THE RIDGE is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Byways | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Byways |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Byways |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Byways |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Byways |