£274,502
This estimated value is based upon the latest sale price for the house of £55,000 on 24 Oct 1997. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £55,000 | 24 Oct 1997 |
| £48,500 | 6 Dec 1996 |
| Terraced |
| Freehold |
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 1997 the House Price Index for EAST SUSSEX was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £55,000 results in an estimated price of approximately £274,502.
| 24 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £55,000 | £219,502 | £274,502 |
The Postcode Pricing Model uses changes in average sales price within the TN31 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 | 387.065 % | £212,885 | £267,885 |
| 3 Month Average | 313.231 % | £172,277 | £227,277 |
| 6 Month Average | 372.045 % | £204,624 | £259,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £380,000 | £380,000 | 8 TRAM ROAD |
| 5 Apr 2024 | £358,110 | £355,000 | SALTMARSH COTTAGE TRAM ROAD |
| 1 Nov 2023 | £259,076 | £252,500 | 2 PAINES COTTAGES RYE HARBOUR ROAD |
| 23 Sep 2022 | £422,718 | £423,000 | ALMOND TREE COTTAGE TRAM ROAD |
| 12 Aug 2022 | £522,443 | £520,000 | PRIORY COTTAGE TRAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Tram Road | |
| Jun 2024 | Anti-social behaviour | On or near Tram Road | |
| May 2024 | Anti-social behaviour | On or near Tram Road | |
| May 2024 | Anti-social behaviour | On or near Tram Road | |
| May 2024 | Anti-social behaviour | On or near Tram Road |