£653,235
This estimated value is based upon the latest sale price for the house of £415,000 on 31 Mar 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £415,000 | 31 Mar 2014 |
| £39,000 | 5 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 March 2014 the House Price Index for EAST SUSSEX was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £415,000 results in an estimated price of approximately £653,235.
| 31 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £415,000 | £238,235 | £653,235 |
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 | 41.067 % | £170,427 | £585,427 |
| 3 Month Average | 79.383 % | £329,439 | £744,439 |
| 6 Month Average | 56.596 % | £234,874 | £649,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £796,972 | £790,000 | CASCIA MILL ROAD |
| 21 Jun 2023 | £541,560 | £535,000 | MORAIG MILL ROAD |
| 27 Jan 2023 | £218,969 | £220,000 | FLAT 2 EDGEHILL TILSMORE ROAD |
| 24 Jun 2022 | £423,485 | £417,500 | ELGON TILSMORE ROAD |
| 1 Jun 2022 | £329,659 | £325,000 | 6 MILL CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 7 Aug 2013. Using an estimated price of £653,236 means this house is valued at £5,489 per sq meter (£509 per sq foot).
The average size of a house on MILL ROAD is 128 sq meters (1,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Wealdview Road | |
| Mar 2024 | Anti-social behaviour | On or near Wealdview Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Millennium Way |
| Feb 2024 | Anti-social behaviour | On or near Millennium Way |