£441,237
This estimated value is based upon the latest sale price for the house of £291,000 on 18 Sep 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There have been two burglaries within the last year on or near Olivers Mews
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| Price Paid | Date |
|---|---|
| £291,000 | 18 Sep 2014 |
| £205,000 | 30 Jun 2010 |
| £165,000 | 3 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,223 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 September 2014 the House Price Index for EAST SUSSEX was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £291,000 results in an estimated price of approximately £441,237.
| 18 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £291,000 | £150,237 | £441,237 |
The Postcode Pricing Model uses changes in average sales price within the TN33 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 | 59.709 % | £173,754 | £464,754 |
| 3 Month Average | 40.275 % | £117,199 | £408,199 |
| 6 Month Average | 49.116 % | £142,926 | £433,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £434,877 | £425,000 | BATTLEFIELD COTTAGE, 10 UPPER LAKE |
| 18 Oct 2023 | £306,972 | £300,000 | 8 PICARDY CLOSE |
| 9 Oct 2023 | £207,718 | £203,000 | FLAT 2 LAKE HOUSE |
| 30 Jun 2023 | £204,090 | £200,000 | 7 SHIRLEA VIEW |
| 3 Feb 2023 | £283,896 | £282,000 | 20 LOWER LAKE |
This house has a floor area of 113 sq meters or 1,223 sq feet when measured on 5 Nov 2009. Using an estimated price of £441,238 means this house is valued at £3,880 per sq meter (£360 per sq foot).
The average size of a house on LOWER LAKE is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Olivers Mews |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Olivers Mews |
| Aug 2024 | Anti-social behaviour | On or near Picardy Close | |
| Aug 2024 | Anti-social behaviour | On or near Picardy Close | |
| Aug 2024 | Anti-social behaviour | On or near Picardy Close |