£439,448
This estimated value is based upon the latest sale price for the house of £428,000 on 31 May 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£428,000 | 31 May 2022 |
£263,000 | 30 Aug 2012 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,295 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 2022 the House Price Index for EAST SUSSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £428,000 results in an estimated price of approximately £439,448.
31 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £428,000 | £11,448 | £439,448 |
The Postcode Pricing Model uses changes in average sales price within the TN21 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 | 25.086 % | £107,369 | £535,369 |
3 Month Average | 20.128 % | £86,147 | £514,147 |
6 Month Average | 15.141 % | £64,802 | £492,802 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £548,934 | £535,000 | 3 CHERRY GARDENS |
12 Oct 2023 | £665,106 | £650,000 | 52 LIME WAY |
30 Jun 2023 | £326,544 | £320,000 | 6 CHERRY GARDENS |
1 Feb 2023 | £503,362 | £500,000 | 24 CHERRY GARDENS |
27 Jan 2023 | £306,820 | £306,000 | 40 LONGVIEW |
This house has a floor area of 120 sq meters or 1,295 sq feet when measured on 27 Apr 2011. Using an estimated price of £439,449 means this house is valued at £3,649 per sq meter (£339 per sq foot).
The average size of a house on CHERRY GARDENS is 122 sq meters (1,318 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Cherry Gardens |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birch Way |
Jul 2024 | Anti-social behaviour | On or near Pine Tree Road | |
Jul 2024 | Anti-social behaviour | On or near Woodland Way | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Coppice View |