£435,141
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Sep 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£250,000 | 28 Sep 2011 |
£172,500 | 18 Jan 2002 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,210 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 September 2011 the House Price Index for EAST SUSSEX was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £250,000 results in an estimated price of approximately £435,141.
28 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.057 % | £250,000 | £185,141 | £435,141 |
The Postcode Pricing Model uses changes in average sales price within the TN22 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 | 69.650 % | £174,123 | £424,123 |
3 Month Average | 69.687 % | £174,217 | £424,217 |
6 Month Average | 67.952 % | £169,880 | £419,880 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £386,888 | £375,000 | 6 SCARLETTS CLOSE |
27 Oct 2023 | £1,013,007 | £990,000 | UNIT 1 31 BELL LANE |
23 Jun 2023 | £448,998 | £440,000 | 16 ROCKS PARK ROAD |
30 Mar 2023 | £501,373 | £493,000 | 28 ROCKS PARK ROAD |
13 Jan 2023 | £245,656 | £245,000 | UNIT 4 BELLBROOK INDUSTRIAL ESTATE BELL LANE |
This house has a floor area of 112 sq meters or 1,210 sq feet when measured on 17 Aug 2009. Using an estimated price of £435,142 means this house is valued at £3,869 per sq meter (£359 per sq foot).
The average size of a house on SCARLETTS CLOSE is 110 sq meters (1,187 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Bell Lane | |
Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bell Lane |
Aug 2024 | Other theft | Unable to prosecute suspect | On or near Bell Lane |
Aug 2024 | Anti-social behaviour | On or near Bell Lane | |
Aug 2024 | Anti-social behaviour | On or near Bell Lane |