£160,824
This estimated value is based upon the latest sale price for the house of £126,500 on 17 Oct 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near School Lane
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Price Paid | Date |
---|---|
£126,500 | 17 Oct 2017 |
£108,000 | 31 Oct 2014 |
£88,000 | 29 Jul 2011 |
£87,500 | 22 Apr 2005 |
£34,950 | 25 Feb 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 2017 the House Price Index for EAST SUSSEX was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £126,500 results in an estimated price of approximately £160,824.
17 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £126,500 | £34,324 | £160,824 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 1.535 % | £1,942 | £128,442 |
3 Month Average | 2.645 % | £3,346 | £129,846 |
6 Month Average | 15.296 % | £19,349 | £145,849 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £143,646 | £140,000 | 2 OAKLEAF COURT OAKLEAF DRIVE |
3 Nov 2023 | £234,451 | £228,500 | 4 BEXLEY COURT OAKLEAF DRIVE |
15 Sep 2023 | £337,439 | £330,000 | 12 WESTFIELD CLOSE |
25 Aug 2023 | £208,765 | £205,000 | 4 MILL HOUSE SCHOOL LANE |
21 Feb 2023 | £332,219 | £330,000 | 36 WESTFIELD CLOSE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 19 Jun 2014. Using an estimated price of £160,825 means this house is valued at £3,922 per sq meter (£364 per sq foot).
The average size of a house on OAKLEAF DRIVE is 75 sq meters (810 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near School Lane | |
Jun 2024 | Anti-social behaviour | On or near School Lane | |
May 2024 | Anti-social behaviour | On or near School Lane | |
May 2024 | Anti-social behaviour | On or near School Lane | |
May 2024 | Burglary | Unable to prosecute suspect | On or near School Lane |