£350,911
This estimated value is based upon the latest sale price for the house of £286,000 on 6 Sep 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £286,000 | 6 Sep 2019 |
| £190,000 | 12 Jun 2009 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2019 the House Price Index for EAST SUSSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £286,000 results in an estimated price of approximately £350,911.
| 6 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £286,000 | £64,911 | £350,911 |
The Postcode Pricing Model uses changes in average sales price within the TN40 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 | 4.510 % | £12,898 | £298,898 |
| 3 Month Average | 20.422 % | £58,406 | £344,406 |
| 6 Month Average | 7.731 % | £22,110 | £308,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £400,936 | £395,000 | 4 CALLUMS WALK |
| 12 Jun 2023 | £336,071 | £332,000 | 4 TIVERTON DRIVE |
| 4 Aug 2022 | £249,329 | £250,000 | FLAT 2 TIVERTON HOUSE, 9 TIVERTON DRIVE |
| 27 Apr 2022 | £427,367 | £415,000 | 125 DE LA WARR ROAD |
| 14 Feb 2022 | £718,356 | £685,000 | 6 PENLAND ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 31 Jan 2019. Using an estimated price of £350,912 means this house is valued at £3,051 per sq meter (£283 per sq foot).
The average size of a house on PENLAND ROAD is 152 sq meters (1,636 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Penland Road |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Tiverton Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tiverton Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near De La Warr Road |
| Mar 2024 | Anti-social behaviour | On or near Clarence Gardens |