£461,721
This estimated value is based upon the latest sale price for the house of £386,000 on 1 Sep 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£386,000 | 1 Sep 2020 |
£360,000 | 4 Jul 2014 |
£355,000 | 21 May 2008 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2020 the House Price Index for EAST SUSSEX was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £386,000 results in an estimated price of approximately £461,721.
1 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £386,000 | £75,721 | £461,721 |
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 | -6.959 % | £-26,861 | £359,138 |
3 Month Average | 5.382 % | £20,773 | £406,773 |
6 Month Average | 4.730 % | £18,256 | £404,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Oct 2023 | £1,176,726 | £1,150,000 | RED TILES HEMPSTEAD ROAD |
9 Jan 2023 | £686,835 | £685,000 | 4 THE GLADE |
16 May 2022 | £400,432 | £390,000 | 3 GRANGE ROAD |
29 Mar 2022 | £548,065 | £525,000 | OLD TILES WEST HEMPSTEAD ROAD |
28 Mar 2022 | £548,065 | £525,000 | 20 KELD DRIVE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 26 Oct 2018. Using an estimated price of £461,722 means this house is valued at £4,760 per sq meter (£442 per sq foot).
The average size of a house on SPRING MEADOW is 228 sq meters (2,461 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Meadow |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sunnybrooke Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Olives Meadow |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Olives Meadow |
May 2024 | Violence and sexual offences | Under investigation | On or near Greenfields |