£261,163
This estimated value is based upon the latest sale price for the house of £150,000 on 17 Dec 2009. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £150,000 | 17 Dec 2009 |
| £117,950 | 18 Dec 2002 |
| £43,000 | 29 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 792 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 December 2009 the House Price Index for EAST SUSSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £150,000 results in an estimated price of approximately £261,163.
| 17 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £150,000 | £111,163 | £261,163 |
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 | 57.221 % | £85,831 | £235,831 |
| 3 Month Average | 59.455 % | £89,182 | £239,182 |
| 6 Month Average | 81.729 % | £122,593 | £272,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £156,358 | £155,000 | FLAT 1 1 CHERWELL ROAD |
| 14 Jun 2023 | £148,986 | £146,000 | FLAT 11 CHERWELL LODGE CHERWELL ROAD |
| 15 Jul 2022 | £424,251 | £420,000 | 18 CHERWELL ROAD |
| 13 Jun 2022 | £587,560 | £575,000 | 46 HIGH STREET |
| 17 Jul 2020 | £109,634 | £90,000 | FLAT 17 RISINGHOLME COURT HIGH STREET |
This house has a floor area of 73 sq meters or 792 sq feet when measured on 21 Sep 2009. Using an estimated price of £261,164 means this house is valued at £3,548 per sq meter (£329 per sq foot).
The average size of a house on CHERWELL ROAD is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Under investigation | On or near Firwood Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near A265 |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near A265 |
| Jun 2024 | Anti-social behaviour | On or near A265 | |
| Jun 2024 | Anti-social behaviour | On or near A265 |