£326,855
This estimated value is based upon the latest sale price for the house of £300,000 on 29 Nov 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 29 Nov 2021 |
| £132,500 | 12 Jan 2009 |
| £17,000 | 18 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 November 2021 the House Price Index for EAST SUSSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £300,000 results in an estimated price of approximately £326,855.
| 29 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £300,000 | £26,855 | £326,855 |
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 | 84.519 % | £253,557 | £553,557 |
| 3 Month Average | 21.135 % | £63,405 | £363,405 |
| 6 Month Average | 5.236 % | £15,708 | £315,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £573,014 | £560,000 | 11 TACKLEWAY |
| 31 Aug 2023 | £310,602 | £305,000 | 107 ALL SAINTS STREET |
| 24 Apr 2023 | £203,812 | £200,000 | 1 TAMARISK STEPS |
| 23 Feb 2023 | £473,161 | £470,000 | 3 CROWN COURT CROWN LANE |
| 24 Nov 2022 | £363,301 | £365,000 | LOWER GROUND FLAT EAST HILL HOUSE, 13 TACKLEWAY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 12 Aug 2021. Using an estimated price of £326,856 means this house is valued at £5,635 per sq meter (£523 per sq foot).
The average size of a house on OXFORD TERRACE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Crown Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Crown Lane |