£205,170
This estimated value is based upon the latest sale price for the house of £132,500 on 12 Jun 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £132,500 | 12 Jun 2014 |
| £80,000 | 6 Feb 2009 |
| Terraced |
| 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 June 2014 the House Price Index for EAST SUSSEX was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £132,500 results in an estimated price of approximately £205,170.
| 12 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £132,500 | £72,670 | £205,170 |
The Postcode Pricing Model uses changes in average sales price within the TN38 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 | 77.845 % | £103,144 | £235,644 |
| 3 Month Average | 60.130 % | £79,672 | £212,172 |
| 6 Month Average | 60.451 % | £80,097 | £212,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £260,926 | £255,000 | 38 PARSONS CLOSE |
| 26 Oct 2023 | £245,578 | £240,000 | 11 PARSONS CLOSE |
| 30 Jun 2023 | £290,828 | £285,000 | 29 CARPENTER DRIVE |
| 1 Mar 2023 | £279,671 | £275,000 | 27 FREWYN CLOSE |
| 4 Aug 2022 | £271,218 | £269,950 | 20 FREWYN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Michelson Close |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Michelson Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Michelson Close |
| Jul 2024 | Drugs | Awaiting court outcome | On or near Michelson Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Michelson Close |