£347,953
This estimated value is based upon the latest sale price for the house of £62,000 on 11 Jun 1995. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£62,000 | 11 Jun 1995 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 June 1995 the House Price Index for EAST SUSSEX was 26.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 461.216%.Applying this 461.216% change to the original purchase price of £62,000 results in an estimated price of approximately £347,953.
11 Jun 1995 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 148.0 | 461.216 % | £62,000 | £285,953 | £347,953 |
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 | 420.037 % | £260,422 | £322,422 |
3 Month Average | 400.852 % | £248,528 | £310,528 |
6 Month Average | 439.877 % | £272,723 | £334,723 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £342,779 | £340,000 | 68 FORGE RISE |
26 Aug 2022 | £429,597 | £432,500 | 41 FORGE RISE |
28 Sep 2021 | £402,466 | £375,000 | 50 FORGE RISE |
23 Sep 2021 | £378,318 | £352,500 | 2 FORGE RISE |
3 Sep 2021 | £375,635 | £350,000 | 5 FORGE RISE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 Jul 2014. Using an estimated price of £347,954 means this house is valued at £5,704 per sq meter (£529 per sq foot).
The average size of a house on FORGE RISE is 81 sq meters (878 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Farriers Way | |
Mar 2024 | Anti-social behaviour | On or near Farriers Way | |
Mar 2024 | Anti-social behaviour | On or near Farriers Way | |
Mar 2024 | Anti-social behaviour | On or near Farriers Way | |
Mar 2024 | Anti-social behaviour | On or near Farriers Way |