£352,089
This estimated value is based upon the latest sale price for the house of £285,000 on 22 Oct 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£285,000 | 22 Oct 2019 |
Semi-Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 October 2019 the House Price Index for EAST SUSSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £285,000 results in an estimated price of approximately £352,089.
22 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £285,000 | £67,089 | £352,089 |
The Postcode Pricing Model uses changes in average sales price within the TN33 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 | 68.084 % | £194,039 | £479,039 |
3 Month Average | 0.834 % | £2,378 | £287,378 |
6 Month Average | 11.174 % | £31,846 | £316,846 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2024 | £430,000 | £430,000 | 38 NORMAN CLOSE |
31 Oct 2023 | £409,296 | £400,000 | 1 RAVEN COURT |
4 Aug 2023 | £354,392 | £348,000 | 30 NORMAN CLOSE |
13 Jan 2023 | £376,005 | £375,000 | HILLSIDE NORMAN CLOSE |
10 Oct 2022 | £378,735 | £380,000 | 12 MARLEY RISE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 21 Jun 2019. Using an estimated price of £352,089 means this house is valued at £5,416 per sq meter (£503 per sq foot).
The average size of a house on NORMAN CLOSE is 86 sq meters (927 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Marley Close |
Sep 2024 | Anti-social behaviour | On or near Marley Close | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marley Close |
Sep 2024 | Anti-social behaviour | On or near Marley Close | |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Norman Close |