£700,321
This estimated value is based upon the latest sale price for the house of £490,000 on 19 Aug 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£490,000 | 19 Aug 2015 |
£275,000 | 6 Sep 2001 |
Detached |
Freehold |
Floor Area: 161 sq meters or 1,732 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 2015 the House Price Index for EAST SUSSEX was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £490,000 results in an estimated price of approximately £700,321.
19 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £490,000 | £210,321 | £700,321 |
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 | 34.716 % | £170,106 | £660,106 |
3 Month Average | 22.190 % | £108,730 | £598,730 |
6 Month Average | 33.873 % | £165,978 | £655,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jun 2023 | £427,630 | £422,450 | 10 WELLESLEY CLOSE |
29 Mar 2023 | £532,517 | £527,500 | 1 TILGATE DRIVE |
11 Aug 2022 | £887,611 | £890,000 | 21 GILLHAM WOOD ROAD |
15 Feb 2022 | £335,530 | £319,950 | 18 WELLESLEY CLOSE |
22 Nov 2021 | £343,921 | £318,000 | 5 WELLESLEY CLOSE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 17 Feb 2015. Using an estimated price of £700,322 means this house is valued at £4,349 per sq meter (£404 per sq foot).
The average size of a house on GILLHAM WOOD ROAD is 190 sq meters (2,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kewhurst Avenue |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Jarvisbrook Close |
Mar 2024 | Burglary | Under investigation | On or near Glebe Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Glebe Close |