£620,715
This estimated value is based upon the latest sale price for the house of £500,000 on 26 Oct 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£500,000 | 26 Oct 2018 |
£338,000 | 15 Sep 2008 |
£199,950 | 25 Jun 1999 |
£136,500 | 30 May 1997 |
Detached |
Freehold |
Floor Area: 160 sq meters or 1,722 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 October 2018 the House Price Index for EAST SUSSEX was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £500,000 results in an estimated price of approximately £620,715.
26 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £500,000 | £120,715 | £620,715 |
The Postcode Pricing Model uses changes in average sales price within the TN21 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 | 12.967 % | £64,834 | £564,834 |
3 Month Average | -8.906 % | £-44,531 | £455,468 |
6 Month Average | 19.927 % | £99,632 | £599,632 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £407,624 | £400,000 | 14 ELM WAY |
5 Jan 2023 | £551,474 | £550,000 | 15 MAGNOLIA CLOSE |
28 Sep 2022 | £449,700 | £450,000 | 10 ELM WAY |
31 Aug 2022 | £291,362 | £290,000 | 13 THE OAKS |
4 Mar 2022 | £417,573 | £400,000 | 5 MAGNOLIA CLOSE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 11 Jun 2018. Using an estimated price of £620,716 means this house is valued at £3,879 per sq meter (£360 per sq foot).
The average size of a house on ELM WAY is 127 sq meters (1,371 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bay Tree Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Parkside Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Coppice View |
May 2024 | Violence and sexual offences | Under investigation | On or near Cherry Gardens |
Jul 2024 | Anti-social behaviour | On or near Woodland Way |