£348,744
This estimated value is based upon the latest sale price for the house of £230,000 on 1 Sep 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £230,000 | 1 Sep 2014 |
| £124,000 | 18 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 £230,000 results in an estimated price of approximately £348,744.
| 1 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £230,000 | £118,744 | £348,744 |
The Postcode Pricing Model uses changes in average sales price within the TN6 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 | 35.592 % | £81,862 | £311,862 |
| 3 Month Average | 24.001 % | £55,201 | £285,201 |
| 6 Month Average | 27.324 % | £62,844 | £292,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £270,000 | £270,000 | 90 FOREST DENE |
| 26 Sep 2023 | £333,348 | £326,000 | 8 FOREST RISE |
| 27 Mar 2023 | £381,369 | £375,000 | 9 FOREST RISE |
| 26 Aug 2022 | £329,541 | £328,000 | 49 FOREST DENE |
| 29 Jul 2022 | £348,492 | £345,000 | 38 FOREST DENE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 2 May 2014. Using an estimated price of £348,745 means this house is valued at £4,252 per sq meter (£395 per sq foot).
The average size of a house on FOREST RISE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Forest Rise |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Forest Rise |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Forest Rise |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Forest Dene |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brook Close |