£132,930
This estimated value is based upon the latest sale price for the house of £130,000 on 27 Sep 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £130,000 | 27 Sep 2023 |
| £105,000 | 2 May 2014 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2023 the House Price Index for EAST SUSSEX was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £130,000 results in an estimated price of approximately £132,930.
| 27 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £130,000 | £2,930 | £132,930 |
The Postcode Pricing Model uses changes in average sales price within the TN37 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 | -16.626 % | £-21,613 | £108,386 |
| 3 Month Average | -10.267 % | £-13,346 | £116,653 |
| 6 Month Average | 1.442 % | £1,874 | £131,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £330,145 | £320,000 | 1 NORTH ROAD |
| 27 Sep 2023 | £132,930 | £130,000 | 33 TOWER ROAD |
| 24 Jun 2023 | £173,476 | £170,000 | FLAT 1 CRUET HOUSE, 28 LOWER SOUTH ROAD |
| 12 Jun 2023 | £142,353 | £139,500 | FLAT 1 17 TOWER ROAD |
| 4 Apr 2023 | £407,624 | £400,000 | 285 LONDON ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Jun 2021. Using an estimated price of £132,930 means this house is valued at £1,621 per sq meter (£150 per sq foot).
The average size of a house on TOWER ROAD is 118 sq meters (1,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tower Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Tower Road |
| Oct 2024 | Public order | Under investigation | On or near Tower Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Tower Road |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Tower Road |