£429,624
This estimated value is based upon the latest sale price for the house of £345,000 on 2 May 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£345,000 | 2 May 2019 |
£300,000 | 11 Apr 2016 |
Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 2019 the House Price Index for EAST SUSSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £345,000 results in an estimated price of approximately £429,624.
2 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £345,000 | £84,624 | £429,624 |
The Postcode Pricing Model uses changes in average sales price within the TN21 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 | 36.161 % | £124,756 | £469,756 |
3 Month Average | 16.913 % | £58,349 | £403,349 |
6 Month Average | 22.580 % | £77,899 | £422,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £237,291 | £230,000 | 32 RIDGEWAY CLOSE |
27 Oct 2023 | £393,947 | £385,000 | 7 RIDGEWAY CLOSE |
13 Oct 2023 | £179,067 | £175,000 | 18 LENNOX COURT MUTTON HALL HILL |
9 Jun 2023 | £436,753 | £428,000 | 10 RIDGEWAY CLOSE |
16 Mar 2023 | £432,218 | £425,000 | MAGNOLIA COTTAGE MUTTON HALL HILL |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 31 Jan 2019. Using an estimated price of £429,624 means this house is valued at £3,640 per sq meter (£338 per sq foot).
The average size of a house on RIDGEWAY CLOSE is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Mutton Hall Lane |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Mutton Hall Hill |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stonegate Way |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Willow Close |
Jul 2024 | Anti-social behaviour | On or near Regent Place |