£982,831
This estimated value is based upon the latest sale price for the house of £216,500 on 22 Jan 1999. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £216,500 | 22 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 January 1999 the House Price Index for EAST SUSSEX was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £216,500 results in an estimated price of approximately £982,831.
| 22 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 148.6 | 353.964 % | £216,500 | £766,331 | £982,831 |
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 | 304.557 % | £659,366 | £875,866 |
| 3 Month Average | 164.639 % | £356,442 | £572,942 |
| 6 Month Average | 327.570 % | £709,188 | £925,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £262,295 | £260,000 | 74 HIGH STREET |
| 5 Apr 2023 | £571,150 | £565,000 | 11 HIGH STREET |
| 3 Apr 2023 | £1,152,408 | £1,140,000 | ALLEN'S WOOD TELHAM LANE |
| 7 Feb 2023 | £254,829 | £255,000 | 61B HIGH STREET |
| 2 Feb 2023 | £174,882 | £175,000 | 87A HIGH STREET |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 5 Jun 2021. Using an estimated price of £982,832 means this house is valued at £4,592 per sq meter (£426 per sq foot).
The average size of a house on TELHAM LANE is 357 sq meters (3,846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Park/Open Space |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Powdermill Lane |
| Dec 2023 | Burglary | Under investigation | On or near Powdermill Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Park Lane |