£540,950
This estimated value is based upon the latest sale price for the house of £316,500 on 15 Mar 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £316,500 | 15 Mar 2012 |
| £142,000 | 7 Jan 2000 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 949 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 March 2012 the House Price Index for EAST SUSSEX was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £316,500 results in an estimated price of approximately £540,950.
| 15 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £316,500 | £224,450 | £540,950 |
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 | 93.687 % | £296,520 | £613,020 |
| 3 Month Average | 90.460 % | £286,305 | £602,805 |
| 6 Month Average | 87.213 % | £276,030 | £592,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £636,130 | £625,000 | 2 WILSON GROVE |
| 21 Nov 2022 | £592,819 | £600,000 | 25 HART CLOSE |
| 29 Jun 2022 | £588,314 | £580,000 | 17 ELLIS WAY |
| 29 Sep 2021 | £619,616 | £575,000 | 1 BATCHELOR WAY |
| 30 Jun 2021 | £579,379 | £540,000 | 13 HART CLOSE |
This house has a floor area of 88 sq meters or 949 sq feet when measured on 16 Mar 2011. Using an estimated price of £540,950 means this house is valued at £6,133 per sq meter (£569 per sq foot).
The average size of a house on PRINCES CLOSE is 140 sq meters (1,508 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near Wilson Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hart Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Markland Way |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Copwood Avenue |