£319,872
This estimated value is based upon the latest sale price for the house of £260,000 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 28 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2019 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.028%.Applying this 23.028% change to the original purchase price of £260,000 results in an estimated price of approximately £319,872.
| 28 Feb 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.028 % | £260,000 | £59,872 | £319,872 |
The Postcode Pricing Model uses changes in average sales price within the TN40 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 | 25.421 % | £66,093 | £326,093 |
| 3 Month Average | 27.716 % | £72,062 | £332,062 |
| 6 Month Average | 8.795 % | £22,866 | £282,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £250,107 | £245,375 | 13 CHERRY TREE GARDENS |
| 31 Mar 2023 | £306,658 | £305,000 | 24 SEABOURNE ROAD |
| 31 Jan 2023 | £366,778 | £370,000 | 10 SEABOURNE ROAD |
| 20 Jan 2023 | £396,467 | £399,950 | 3 SEABOURNE ROAD |
| 9 Jan 2023 | £376,642 | £379,950 | 16 CARDINALS CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Dec 2018. Using an estimated price of £319,873 means this house is valued at £4,442 per sq meter (£412 per sq foot).
The average size of a house on CHERRY TREE GARDENS is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rowan Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Gardens |
| Apr 2024 | Public order | Under investigation | On or near Brinklehurst Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brinklehurst Drive |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Brinklehurst Drive |