£218,054
This estimated value is based upon the latest sale price for the house of £140,000 on 27 May 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 27 May 2014 |
| Terraced |
| 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 May 2014 the House Price Index for EAST SUSSEX was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £140,000 results in an estimated price of approximately £218,054.
| 27 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £140,000 | £78,054 | £218,054 |
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 | 59.163 % | £82,828 | £222,828 |
| 3 Month Average | 57.159 % | £80,022 | £220,022 |
| 6 Month Average | 65.198 % | £91,276 | £231,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 27 Jul 2022 | £247,480 | £245,000 | 20 CARPENTER DRIVE |
| 25 Jul 2022 | £242,429 | £240,000 | 21 CARPENTER DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 30 Apr 2014. Using an estimated price of £218,055 means this house is valued at £3,071 per sq meter (£285 per sq foot).
| 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Michelson Close |
| Jul 2024 | Drugs | Awaiting court outcome | On or near Michelson Close |