£440,692
This estimated value is based upon the latest sale price for the house of £355,000 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £355,000 | 30 Nov 2018 |
| £80,000 | 8 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 November 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 24.139%.Applying this 24.139% change to the original purchase price of £355,000 results in an estimated price of approximately £440,692.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £355,000 | £85,692 | £440,692 |
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 | 53.900 % | £191,344 | £546,344 |
| 3 Month Average | 40.991 % | £145,516 | £500,516 |
| 6 Month Average | 39.070 % | £138,698 | £493,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £409,296 | £400,000 | 2 COODEN LEDGE |
| 22 Sep 2023 | £337,439 | £330,000 | 4 COODEN LEDGE |
| 6 Sep 2023 | £541,947 | £530,000 | 7 FAIRFAX AVENUE |
| 1 Jul 2022 | £272,733 | £270,000 | 60 COODEN LEDGE |
| 29 Jun 2022 | £480,266 | £470,000 | 17 HOOVER CLOSE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 17 Jan 2013. Using an estimated price of £440,692 means this house is valued at £3,442 per sq meter (£319 per sq foot).
The average size of a house on FAIRFAX AVENUE is 168 sq meters (1,811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Pierwarden Mews |
| Jul 2024 | Anti-social behaviour | On or near Pierwarden Mews | |
| Jul 2024 | Anti-social behaviour | On or near Pierwarden Mews | |
| Jul 2024 | Anti-social behaviour | On or near Pierwarden Mews | |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pierwarden Mews |