£603,795
This estimated value is based upon the latest sale price for the house of £490,000 on 20 May 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £490,000 | 20 May 2020 |
| £265,000 | 15 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 May 2020 the House Price Index for EAST SUSSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £490,000 results in an estimated price of approximately £603,795.
| 20 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £490,000 | £113,795 | £603,795 |
The Postcode Pricing Model uses changes in average sales price within the TN39 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 | 53.738 % | £263,317 | £753,317 |
| 3 Month Average | 39.135 % | £191,762 | £681,762 |
| 6 Month Average | 30.293 % | £148,435 | £638,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £827,717 | £815,000 | 87 PEARTREE LANE |
| 8 Dec 2023 | £619,021 | £600,000 | 81 EASTERGATE |
| 26 Jan 2023 | £561,500 | £560,000 | 4 EASTERGATE |
| 12 Jan 2023 | £581,554 | £580,000 | 8 THE BYEWAY |
| 12 Aug 2022 | £607,842 | £605,000 | 121 PEARTREE LANE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 31 Oct 2012. Using an estimated price of £603,795 means this house is valued at £5,343 per sq meter (£496 per sq foot).
The average size of a house on EASTERGATE is 141 sq meters (1,526 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Peartree Lane |
| Sep 2024 | Other theft | Under investigation | On or near The Byeway |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Cowdray Close |