£517,881
This estimated value is based upon the latest sale price for the house of £424,500 on 30 Jun 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£424,500 | 30 Jun 2020 |
£318,000 | 28 Aug 2013 |
£192,000 | 12 Apr 2002 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 June 2020 the House Price Index for EAST SUSSEX was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £424,500 results in an estimated price of approximately £517,881.
30 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £424,500 | £93,381 | £517,881 |
The Postcode Pricing Model uses changes in average sales price within the TN6 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 | 7.885 % | £33,472 | £457,972 |
3 Month Average | 5.648 % | £23,976 | £448,476 |
6 Month Average | 0.547 % | £2,321 | £426,821 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £500,376 | £485,000 | 11 JEFFERIES WAY |
20 Oct 2023 | £700,408 | £684,500 | 13 PLEASANT VIEW ROAD |
30 Jun 2023 | £729,622 | £715,000 | 15 COMMON WOOD RISE |
2 Jun 2023 | £637,781 | £625,000 | ROSEWOOD VILLA PILMER ROAD |
13 Apr 2022 | £627,640 | £605,000 | RUSSETTS LONDON ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 6 Feb 2019. Using an estimated price of £517,881 means this house is valued at £5,231 per sq meter (£485 per sq foot).
The average size of a house on JEFFERIES WAY is 113 sq meters (1,217 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Under investigation | On or near Pleasant View Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Pleasant View Road |