£997,592
This estimated value is based upon the latest sale price for the house of £825,000 on 1 Jul 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £825,000 | 1 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 203 sq meters or 2,185 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 July 2020 the House Price Index for EAST SUSSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £825,000 results in an estimated price of approximately £997,592.
| 1 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £825,000 | £172,592 | £997,592 |
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 | -9.540 % | £-78,701 | £746,298 |
| 3 Month Average | -1.570 % | £-12,951 | £812,048 |
| 6 Month Average | 7.203 % | £59,426 | £884,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £146,978 | £145,000 | 42 PORTMAN COURT GRANGE ROAD |
| 9 Jun 2023 | £136,655 | £135,000 | 2 PORTMAN COURT GRANGE ROAD |
| 9 Jan 2023 | £681,788 | £685,000 | 4 THE GLADE |
| 29 Nov 2022 | £136,348 | £138,000 | 16 PORTMAN COURT GRANGE ROAD |
| 18 Nov 2022 | £158,085 | £160,000 | 10 PORTMAN COURT GRANGE ROAD |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 25 Jul 2019. Using an estimated price of £997,592 means this house is valued at £4,914 per sq meter (£456 per sq foot).
The average size of a house on HEMPSTEAD ROAD is 122 sq meters (1,315 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Spring Meadow |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hempstead Road |
| Mar 2024 | Anti-social behaviour | On or near Hempstead Road | |
| Mar 2024 | Anti-social behaviour | On or near Hempstead Road | |
| Mar 2024 | Anti-social behaviour | On or near Hempstead Road |