£621,030
This estimated value is based upon the latest sale price for the house of £465,000 on 21 Jun 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £465,000 | 21 Jun 2016 |
| £340,000 | 27 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,503 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 June 2016 the House Price Index for EAST SUSSEX was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £465,000 results in an estimated price of approximately £621,030.
| 21 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £465,000 | £156,030 | £621,030 |
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 | 36.903 % | £171,598 | £636,598 |
| 3 Month Average | 27.394 % | £127,381 | £592,381 |
| 6 Month Average | 25.995 % | £120,875 | £585,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £238,044 | £235,000 | FLAT 9 WENTWORTH COURT NEW TOWN |
| 18 Aug 2023 | £322,824 | £320,000 | 14 HARCOURT CLOSE |
| 18 Aug 2023 | £756,619 | £750,000 | LITTLE BARHAM NEW PLACE |
| 17 Apr 2023 | £111,197 | £110,000 | FLAT 8 22 - 24 NEW TOWN |
| 17 Feb 2023 | £899,395 | £900,000 | TELS MAURE NEW PLACE |
This house has a floor area of 139 sq meters or 1,503 sq feet when measured on 21 Apr 2010. Using an estimated price of £621,031 means this house is valued at £4,446 per sq meter (£413 per sq foot).
The average size of a house on NEW PLACE is 172 sq meters (1,860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Old School Fields |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Harcourt Close |
| Mar 2024 | Anti-social behaviour | On or near College Place | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near College Place |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near College Place |