£402,378
This estimated value is based upon the latest sale price for the house of £300,000 on 15 Aug 2016. 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 | 15 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £300,000 results in an estimated price of approximately £402,378.
| 15 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £300,000 | £102,378 | £402,378 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 32.010 % | £96,031 | £396,031 |
| 3 Month Average | 18.548 % | £55,642 | £355,642 |
| 6 Month Average | 66.914 % | £200,741 | £500,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £396,085 | £390,000 | 2 FLEMING CLOSE |
| 29 Sep 2023 | £347,664 | £340,000 | 9 FLEMING CLOSE |
| 22 Sep 2023 | £342,551 | £335,000 | 97 TOLKIEN ROAD |
| 25 Apr 2023 | £397,434 | £390,000 | 7 TELSCOMBE ROAD |
| 25 Apr 2023 | £366,862 | £360,000 | 16 FLEMING CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Jun 2016. Using an estimated price of £402,379 means this house is valued at £5,667 per sq meter (£526 per sq foot).
The average size of a house on TOLKIEN ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fleming Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fleming Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Treemaines Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Tidebrook Gardens |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Tidebrook Gardens |