£488,451
This estimated value is based upon the latest sale price for the house of £294,950 on 17 Sep 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £294,950 | 17 Sep 2013 |
| £90,000 | 4 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2013 the House Price Index for EAST SUSSEX was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £294,950 results in an estimated price of approximately £488,451.
| 17 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £294,950 | £193,501 | £488,451 |
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 | 66.853 % | £197,183 | £492,133 |
| 3 Month Average | 46.581 % | £137,389 | £432,339 |
| 6 Month Average | 48.187 % | £142,128 | £437,078 |
| 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 117 sq meters or 1,259 sq feet when measured on 13 Jun 2013. Using an estimated price of £488,452 means this house is valued at £4,174 per sq meter (£387 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 |