£491,103
This estimated value is based upon the latest sale price for the house of £479,950 on 18 Oct 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£479,950 | 18 Oct 2023 |
£319,950 | 28 Jul 2015 |
£270,000 | 7 Jul 2010 |
£264,000 | 28 Sep 2006 |
£259,000 | 29 Oct 2004 |
£165,000 | 14 Jun 2002 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,062 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 October 2023 the House Price Index for EAST SUSSEX was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £479,950 results in an estimated price of approximately £491,103.
18 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £479,950 | £11,153 | £491,103 |
The Postcode Pricing Model uses changes in average sales price within the TN39 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 | 3.970 % | £19,055 | £499,005 |
3 Month Average | 14.896 % | £71,492 | £551,442 |
6 Month Average | 2.172 % | £10,426 | £490,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £436,710 | £430,000 | 12 FRANT AVENUE |
17 Nov 2023 | £359,116 | £350,000 | 11 BERWICK CLOSE |
18 Oct 2023 | £491,104 | £479,950 | 14 FONTWELL AVENUE |
6 Oct 2023 | £337,669 | £330,000 | 11 FRANT AVENUE |
15 Sep 2023 | £506,158 | £495,000 | 2 FRANT CLOSE |
This house has a floor area of 98 sq meters or 1,062 sq feet when measured on 23 Jan 2010. Using an estimated price of £491,104 means this house is valued at £4,976 per sq meter (£462 per sq foot).
The average size of a house on FONTWELL AVENUE is 121 sq meters (1,302 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Theft from the person | Under investigation | On or near The Gorseway |
Jul 2024 | Anti-social behaviour | On or near The Gorseway | |
Jul 2024 | Anti-social behaviour | On or near The Gorseway | |
Jul 2024 | Anti-social behaviour | On or near The Gorseway | |
Jul 2024 | Anti-social behaviour | On or near The Gorseway |