£497,220
This estimated value is based upon the latest sale price for the house of £179,950 on 16 Aug 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £179,950 | 16 Aug 2002 |
| £76,000 | 13 Oct 1997 |
| 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 August 2002 the House Price Index for EAST SUSSEX was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £179,950 results in an estimated price of approximately £497,220.
| 16 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £179,950 | £317,270 | £497,220 |
The Postcode Pricing Model uses changes in average sales price within the TN33 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 | 193.462 % | £348,133 | £528,083 |
| 3 Month Average | 127.103 % | £228,721 | £408,671 |
| 6 Month Average | 142.002 % | £255,532 | £435,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2024 | £430,000 | £430,000 | 38 NORMAN CLOSE |
| 4 Aug 2023 | £354,392 | £348,000 | 30 NORMAN CLOSE |
| 13 Jan 2023 | £376,005 | £375,000 | HILLSIDE NORMAN CLOSE |
| 9 Aug 2022 | £210,987 | £210,000 | FLAT 5 TELHAM HOUSE, 13 STATION APPROACH |
| 12 May 2022 | £217,671 | £212,000 | FLAT 2 TELHAM HOUSE, 13 STATION APPROACH |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 6 Feb 2013. Using an estimated price of £497,221 means this house is valued at £3,946 per sq meter (£366 per sq foot).
The average size of a house on MARLEY LANE is 149 sq meters (1,614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Norman Close |
| Sep 2024 | Anti-social behaviour | On or near Norman Close | |
| Sep 2024 | Anti-social behaviour | On or near Norman Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norman Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norman Close |