£409,099
This estimated value is based upon the latest sale price for the house of £405,000 on 8 Jul 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £405,000 | 8 Jul 2022 |
| £222,500 | 19 Oct 2007 |
| £61,750 | 25 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 July 2022 the House Price Index for EAST SUSSEX was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £405,000 results in an estimated price of approximately £409,099.
| 8 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £405,000 | £4,099 | £409,099 |
The Postcode Pricing Model uses changes in average sales price within the TN6 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 | -3.171 % | £-12,842 | £392,157 |
| 3 Month Average | -9.728 % | £-39,400 | £365,599 |
| 6 Month Average | -6.323 % | £-25,606 | £379,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £508,113 | £492,500 | 1 NEVILL ROAD |
| 8 Sep 2023 | £398,791 | £390,000 | THE LIMES ERIDGE ROAD |
| 30 Jun 2023 | £816,360 | £800,000 | 1-3 WARREN COURT PARK ROAD |
| 26 Jun 2023 | £612,270 | £600,000 | SELECTAPENSION HOUSE ERIDGE ROAD |
| 9 Mar 2023 | £447,473 | £440,000 | GUILDFORD LODGE ERIDGE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Nov 2021. Using an estimated price of £409,099 means this house is valued at £5,844 per sq meter (£542 per sq foot).
The average size of a house on PARK LANE is 122 sq meters (1,318 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near New Road | |
| Jun 2024 | Anti-social behaviour | On or near New Road | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| May 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |