£678,171
This estimated value is based upon the latest sale price for the house of £675,000 on 24 Aug 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £675,000 | 24 Aug 2022 |
| £540,000 | 6 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 2022 the House Price Index for EAST SUSSEX was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £675,000 results in an estimated price of approximately £678,171.
| 24 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £675,000 | £3,171 | £678,171 |
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 | -21.668 % | £-146,260 | £528,739 |
| 3 Month Average | -4.514 % | £-30,472 | £644,527 |
| 6 Month Average | -3.309 % | £-22,338 | £652,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £540,000 | £540,000 | 38A FERNSIDE AVENUE |
| 31 Oct 2023 | £434,877 | £425,000 | 40 FERNSIDE AVENUE |
| 26 Sep 2023 | £478,038 | £467,500 | 5 FERNSIDE AVENUE |
| 15 Aug 2023 | £427,714 | £420,000 | 33 FERNSIDE AVENUE |
| 17 Apr 2023 | £546,216 | £536,000 | 39 GILLSMANS PARK |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 4 Jul 2016. Using an estimated price of £678,171 means this house is valued at £3,942 per sq meter (£366 per sq foot).
The average size of a house on GILLSMANS PARK is 141 sq meters (1,528 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Under investigation | On or near Fernside Avenue |
| Jul 2024 | Anti-social behaviour | On or near Fernside Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Fernside Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Fernside Avenue | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fernside Avenue |