£306,532
This estimated value is based upon the latest sale price for the house of £151,000 on 28 May 2004. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £151,000 | 28 May 2004 |
| £62,000 | 29 May 1998 |
| £59,950 | 30 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 652 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 2004 the House Price Index for EAST SUSSEX was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £151,000 results in an estimated price of approximately £306,532.
| 28 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £151,000 | £155,532 | £306,532 |
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 | 70.977 % | £107,175 | £258,175 |
| 3 Month Average | 82.305 % | £124,280 | £275,280 |
| 6 Month Average | 102.427 % | £154,664 | £305,664 |
| 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 |
| 31 Aug 2023 | £315,694 | £310,000 | 34 MULBERRY WAY |
| 30 Jun 2023 | £326,544 | £320,000 | 6 CHERRY GARDENS |
| 31 May 2022 | £439,449 | £428,000 | 7 CHERRY GARDENS |
This house has a floor area of 60 sq meters or 652 sq feet when measured on 15 Sep 2009. Using an estimated price of £306,532 means this house is valued at £5,058 per sq meter (£469 per sq foot).
The average size of a house on MULBERRY WAY is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Cherry Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Parkside Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bay Tree Close |
| 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 |