£694,698
This estimated value is based upon the latest sale price for the house of £407,500 on 29 Nov 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £407,500 | 29 Nov 2012 |
| £330,000 | 31 May 2006 |
| £339,950 | 3 Dec 2004 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2012 the House Price Index for EAST SUSSEX was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £407,500 results in an estimated price of approximately £694,698.
| 29 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £407,500 | £287,198 | £694,698 |
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 | 37.555 % | £153,035 | £560,535 |
| 3 Month Average | 62.943 % | £256,493 | £663,993 |
| 6 Month Average | 51.575 % | £210,169 | £617,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2022 | £597,207 | £600,000 | 25 HART CLOSE |
| 29 Jun 2022 | £592,669 | £580,000 | 17 ELLIS WAY |
| 29 Sep 2021 | £624,202 | £575,000 | 1 BATCHELOR WAY |
| 30 Jun 2021 | £594,477 | £550,000 | 1 HART CLOSE |
| 30 Jun 2021 | £583,668 | £540,000 | 13 HART CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 30 Jul 2012. Using an estimated price of £694,699 means this house is valued at £5,513 per sq meter (£512 per sq foot).
The average size of a house on ELLIS WAY is 133 sq meters (1,441 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Hart Close | |
| May 2024 | Anti-social behaviour | On or near Hart Close | |
| May 2024 | Anti-social behaviour | On or near Hart Close | |
| May 2024 | Burglary | Under investigation | On or near Markland Way |
| Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area |