£597,005
This estimated value is based upon the latest sale price for the house of £347,500 on 15 May 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£347,500 | 15 May 2012 |
Detached |
Freehold |
Floor Area: 198 sq meters or 2,141 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 2012 the House Price Index for EAST SUSSEX was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £347,500 results in an estimated price of approximately £597,005.
15 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £347,500 | £249,505 | £597,005 |
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 | 81.492 % | £283,185 | £630,685 |
3 Month Average | 102.238 % | £355,275 | £702,775 |
6 Month Average | 84.784 % | £294,623 | £642,123 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £572,000 | £572,000 | 97 LOWER PARK ROAD |
26 Apr 2024 | £95,832 | £95,000 | FLAT 2 KENRITH COURT ST HELENS CRESCENT |
17 Nov 2023 | £284,728 | £277,500 | 25 THE SPINNEY |
18 Oct 2023 | £112,556 | £110,000 | FLAT 23 KENRITH COURT ST HELENS CRESCENT |
29 Sep 2023 | £79,247 | £77,500 | FLAT 24 KENRITH COURT ST HELENS CRESCENT |
This house has a floor area of 198 sq meters or 2,141 sq feet when measured on 4 Jul 2011. Using an estimated price of £597,005 means this house is valued at £3,000 per sq meter (£278 per sq foot).
The average size of a house on LOWER PARK ROAD is 152 sq meters (1,644 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Dordrecht Way | |
Jun 2024 | Anti-social behaviour | On or near Dordrecht Way | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dordrecht Way |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Beatrice Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Beatrice Close |