£522,327
This estimated value is based upon the latest sale price for the house of £300,000 on 18 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 |
|---|---|
| £300,000 | 18 Dec 2009 |
| Detached |
| 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 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 £300,000 results in an estimated price of approximately £522,327.
| 18 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £300,000 | £222,327 | £522,327 |
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 | 89.858 % | £269,574 | £569,574 |
| 3 Month Average | 41.867 % | £125,599 | £425,599 |
| 6 Month Average | 46.576 % | £139,727 | £439,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £446,330 | £435,000 | 8 CHESTNUT CLOSE |
| 1 Sep 2023 | £419,242 | £410,000 | 21 REEDSWOOD ROAD |
| 12 Apr 2023 | £738,819 | £725,000 | PIKIKI FURNACE LANE |
| 6 Apr 2023 | £313,871 | £308,000 | 5 CHESTNUT CLOSE |
| 31 Mar 2022 | £584,602 | £560,000 | LAIRDEN FURNACE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Reedswood Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Drive |
| Jun 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jun 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jun 2024 | Anti-social behaviour | On or near Sports/Recreation Area |