£361,998
This estimated value is based upon the latest sale price for the house of £240,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £240,000 | 21 Nov 2014 |
| £178,500 | 1 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 November 2014 the House Price Index for EAST SUSSEX was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £240,000 results in an estimated price of approximately £361,998.
| 21 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £240,000 | £121,998 | £361,998 |
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 | 133.861 % | £321,267 | £561,267 |
| 3 Month Average | 62.782 % | £150,675 | £390,675 |
| 6 Month Average | 56.288 % | £135,090 | £375,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £462,504 | £452,000 | 27 ESSENDEN ROAD |
| 31 Mar 2023 | £671,209 | £660,000 | 52 WEST HILL ROAD |
| 4 Jul 2022 | £515,162 | £510,000 | 15 CAVENDISH AVENUE |
| 17 Jun 2022 | £199,259 | £195,000 | FLAT 19 ST LEONARDS COURT WEST HILL ROAD |
| 1 Mar 2022 | £443,672 | £425,000 | 44 ESSENDEN ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 16 Oct 2014. Using an estimated price of £361,998 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on ESSENDEN ROAD is 121 sq meters (1,309 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knoll Rise |
| Aug 2024 | Vehicle crime | Under investigation | On or near Welbeck Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Hill Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caves Road |