£701,797
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Dec 2001. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£220,000 | 7 Dec 2001 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 December 2001 the House Price Index for EAST SUSSEX was 46.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 218.999%.Applying this 218.999% change to the original purchase price of £220,000 results in an estimated price of approximately £701,797.
7 Dec 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 149.7 | 218.999 % | £220,000 | £481,797 | £701,797 |
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 | 216.546 % | £476,401 | £696,401 |
3 Month Average | 184.440 % | £405,768 | £625,768 |
6 Month Average | 187.275 % | £412,005 | £632,005 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 May 2024 | £380,000 | £380,000 | 30 DOWNSVIEW CRESCENT |
8 Sep 2022 | £549,633 | £550,000 | 29 IRONSTONE WAY |
12 Jul 2022 | £252,530 | £250,000 | 7 IRONSTONE WAY |
28 Feb 2022 | £242,985 | £230,000 | 16 HOPFIELD GARDENS |
15 Oct 2021 | £292,601 | £262,500 | 17 FURNACE WAY |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 6 Oct 2015. Using an estimated price of £701,798 means this house is valued at £5,198 per sq meter (£482 per sq foot).
The average size of a house on KNIGHTS MEADOW is 128 sq meters (1,379 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Hopfield Gardens |
Oct 2024 | Burglary | Under investigation | On or near Birch Close |
Oct 2024 | Burglary | Under investigation | On or near Birch Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Furnace Way |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnett Way |