£601,022
This estimated value is based upon the latest sale price for the house of £595,000 on 21 Jul 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£595,000 | 21 Jul 2022 |
£285,000 | 14 Mar 2016 |
£117,000 | 24 Aug 2001 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 July 2022 the House Price Index for EAST SUSSEX was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £595,000 results in an estimated price of approximately £601,022.
21 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £595,000 | £6,022 | £601,022 |
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 | 22.610 % | £134,531 | £729,531 |
3 Month Average | 9.279 % | £55,211 | £650,211 |
6 Month Average | -0.955 % | £-5,682 | £589,317 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £279,154 | £273,000 | 10 GALLEY HILL VIEW |
8 Aug 2023 | £371,704 | £365,000 | 1 THE FINCHES |
3 Apr 2023 | £296,547 | £291,000 | 33 GALLEY HILL VIEW |
21 Jul 2022 | £601,022 | £595,000 | 31 THE FINCHES |
19 Jul 2022 | £207,075 | £205,000 | 16 COBHAM TOWERS SUTTON PLACE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 12 Nov 2015. Using an estimated price of £601,022 means this house is valued at £5,892 per sq meter (£547 per sq foot).
The average size of a house on THE FINCHES is 92 sq meters (998 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near The Finches |
Jul 2024 | Anti-social behaviour | On or near Galley Hill View | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Galley Hill View |
May 2024 | Violence and sexual offences | Offender given a caution | On or near Galley Hill View |
May 2024 | Violence and sexual offences | Local resolution | On or near Galley Hill View |