£477,231
This estimated value is based upon the latest sale price for the house of £475,000 on 26 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 |
---|---|
£475,000 | 26 Aug 2022 |
£375,000 | 5 Jun 2020 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 £475,000 results in an estimated price of approximately £477,231.
26 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 149.7 | 0.470 % | £475,000 | £2,231 | £477,231 |
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 | -29.988 % | £-142,443 | £332,556 |
3 Month Average | -25.014 % | £-118,814 | £356,185 |
6 Month Average | -12.470 % | £-59,232 | £415,767 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £804,510 | £790,000 | CASCIA MILL ROAD |
21 Jun 2023 | £545,941 | £535,000 | MORAIG MILL ROAD |
5 Apr 2023 | £198,717 | £195,000 | 20 ISENHURST COURT STREATFIELD ROAD |
31 Mar 2023 | £147,463 | £145,000 | 9 ISENHURST COURT STREATFIELD ROAD |
11 Nov 2022 | £169,209 | £170,000 | 11 ISENHURST COURT STREATFIELD ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 6 Nov 2019. Using an estimated price of £477,232 means this house is valued at £3,976 per sq meter (£369 per sq foot).
The average size of a house on MILLENNIUM WAY is 123 sq meters (1,325 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Under investigation | On or near Millennium Way |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Millennium Way |
Oct 2024 | Vehicle crime | Under investigation | On or near Police Station |
Oct 2024 | Vehicle crime | Under investigation | On or near Centenary Drive |
Oct 2024 | Vehicle crime | Under investigation | On or near Centenary Drive |