£993,229
This estimated value is based upon the latest sale price for the house of £585,000 on 18 Oct 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £585,000 | 18 Oct 2012 |
| £500,000 | 16 Dec 2011 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,948 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 October 2012 the House Price Index for EAST SUSSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £585,000 results in an estimated price of approximately £993,229.
| 18 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £585,000 | £408,229 | £993,229 |
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 | 85.395 % | £499,560 | £1,084,560 |
| 3 Month Average | 62.334 % | £364,655 | £949,655 |
| 6 Month Average | 64.104 % | £375,010 | £960,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £661,575 | £650,000 | 1 THE WILLOWS MILLWOOD LANE |
| 17 Nov 2023 | £340,034 | £335,000 | 15 MILLWOOD CLOSE |
| 17 Nov 2023 | £659,768 | £650,000 | GABLE END MILLWOOD LANE |
| 8 Mar 2023 | £994,368 | £985,000 | CARMEL COTTAGE LONDON ROAD |
| 3 Mar 2023 | £398,757 | £395,000 | NORDENS |
This house has a floor area of 180 sq meters or 1,948 sq feet when measured on 12 Apr 2011. Using an estimated price of £993,230 means this house is valued at £5,487 per sq meter (£509 per sq foot).
The average size of a house on LONDON ROAD is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near London Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near London Road |
| Mar 2024 | Anti-social behaviour | On or near London Road | |
| Mar 2024 | Anti-social behaviour | On or near London Road | |
| Mar 2024 | Anti-social behaviour | On or near London Road |