£359,998
This estimated value is based upon the latest sale price for the house of £63,000 on 26 Jan 1996. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Markland Way
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| Price Paid | Date |
|---|---|
| £63,000 | 26 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 January 1996 the House Price Index for EAST SUSSEX was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 471.427%.Applying this 471.427% change to the original purchase price of £63,000 results in an estimated price of approximately £359,998.
| 26 Jan 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 471.427 % | £63,000 | £296,998 | £359,998 |
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 | 469.330 % | £295,677 | £358,677 |
| 3 Month Average | 460.073 % | £289,845 | £352,845 |
| 6 Month Average | 414.589 % | £261,190 | £324,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £560,102 | £550,000 | 24 LASHBROOKS ROAD |
| 28 Jun 2023 | £377,566 | £370,000 | 26 SAUNDERS CLOSE |
| 23 Jun 2023 | £515,327 | £505,000 | 6 COPWOOD AVENUE |
| 30 Nov 2022 | £582,277 | £585,000 | 80 MARKLAND WAY |
| 2 Sep 2022 | £614,589 | £615,000 | 26 LASHBROOKS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 2 Nov 2013. Using an estimated price of £359,999 means this house is valued at £4,499 per sq meter (£418 per sq foot).
The average size of a house on MARKLAND WAY is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Markland Way |
| May 2024 | Anti-social behaviour | On or near Hart Close | |
| May 2024 | Anti-social behaviour | On or near Hart Close | |
| May 2024 | Anti-social behaviour | On or near Hart Close | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lashbrooks Road |