£294,074
This estimated value is based upon the latest sale price for the house of £170,000 on 14 Feb 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £170,000 | 14 Feb 2011 |
| £145,500 | 11 Oct 2004 |
| £67,000 | 1 Apr 1999 |
| £54,950 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 718 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 February 2011 the House Price Index for EAST SUSSEX was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £170,000 results in an estimated price of approximately £294,074.
| 14 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 72.985 % | £170,000 | £124,074 | £294,074 |
The Postcode Pricing Model uses changes in average sales price within the TN38 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 | 87.721 % | £149,126 | £319,126 |
| 3 Month Average | 69.648 % | £118,402 | £288,402 |
| 6 Month Average | 63.724 % | £108,330 | £278,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £160,000 | £160,000 | 383A LONDON ROAD |
| 3 Nov 2023 | £205,209 | £200,000 | 381B LONDON ROAD |
| 3 Nov 2023 | £205,209 | £200,000 | 381A LONDON ROAD |
| 26 Aug 2022 | £211,137 | £210,150 | 6 RECTORY CLOSE |
| 19 Jul 2022 | £303,036 | £300,000 | FLAT 1 29 ST MATTHEWS GARDENS |
This house has a floor area of 66 sq meters or 718 sq feet when measured on 7 Oct 2010. Using an estimated price of £294,075 means this house is valued at £4,402 per sq meter (£409 per sq foot).
The average size of a house on MICHELE CLOSE is 136 sq meters (1,473 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (718 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Michele Close | |
| Jul 2024 | Anti-social behaviour | On or near Michele Close | |
| Jul 2024 | Anti-social behaviour | On or near Michele Close | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Michele Close |
| Jun 2024 | Other crime | Under investigation | On or near Michele Close |