£333,924
This estimated value is based upon the latest sale price for the house of £260,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 14 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 677 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 July 2017 the House Price Index for EAST SUSSEX was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £260,000 results in an estimated price of approximately £333,924.
| 14 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £260,000 | £73,924 | £333,924 |
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 | 10.878 % | £28,283 | £288,283 |
| 3 Month Average | 23.187 % | £60,285 | £320,285 |
| 6 Month Average | 21.788 % | £56,649 | £316,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £335,000 | £335,000 | 63 TOWER RIDE |
| 19 Mar 2024 | £264,057 | £260,000 | 56 TOWER RIDE |
| 9 Nov 2023 | £397,593 | £387,500 | 41 VIEWS WOOD PATH |
| 6 Oct 2023 | £347,902 | £340,000 | 9 THE DENE |
| 9 Jun 2023 | £339,810 | £333,000 | 32 NEVILL ROAD |
This house has a floor area of 62 sq meters or 677 sq feet when measured on 8 Jun 2009. Using an estimated price of £333,925 means this house is valued at £5,307 per sq meter (£493 per sq foot).
The average size of a house on TOWER RIDE is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Nevill Road | |
| Jun 2024 | Anti-social behaviour | On or near Nevill Road | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nevill Road |
| May 2024 | Robbery | Under investigation | On or near Nevill Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Nevill Road |