£719,465
This estimated value is based upon the latest sale price for the house of £328,000 on 22 Dec 2003. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£328,000 | 22 Dec 2003 |
Detached |
Freehold |
Floor Area: 114 sq meters or 1,230 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 2003 the House Price Index for EAST SUSSEX was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £328,000 results in an estimated price of approximately £719,465.
22 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £328,000 | £391,465 | £719,465 |
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 | 75.328 % | £247,074 | £575,074 |
3 Month Average | 94.782 % | £310,886 | £638,886 |
6 Month Average | 92.956 % | £304,894 | £632,894 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £424,522 | £418,000 | SPRINGFIELD RINGLES CROSS |
13 Oct 2023 | £639,525 | £625,000 | 3 SNATTS ROAD |
13 Oct 2023 | £665,106 | £650,000 | MARIEVILLE RINGLES CROSS |
28 Apr 2023 | £580,865 | £570,000 | 28 RINGLES CROSS |
16 Feb 2023 | £322,152 | £320,000 | 8 NEVILL ROAD |
This house has a floor area of 114 sq meters or 1,230 sq feet when measured on 22 May 2009. Using an estimated price of £719,465 means this house is valued at £6,293 per sq meter (£584 per sq foot).
The average size of a house on RINGLES CROSS is 120 sq meters (1,294 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Nevill Green |
May 2024 | Public order | Under investigation | On or near London Road |
May 2024 | Other theft | Unable to prosecute suspect | On or near London Road |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near The Glen |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Glen |