£551,063
This estimated value is based upon the latest sale price for the house of £123,500 on 14 May 1999. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £123,500 | 14 May 1999 |
| £66,000 | 19 May 1995 |
| Detached |
| Freehold |
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 May 1999 the House Price Index for EAST SUSSEX was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £123,500 results in an estimated price of approximately £551,063.
| 14 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 149.7 | 346.205 % | £123,500 | £427,563 | £551,063 |
The Postcode Pricing Model uses changes in average sales price within the TN21 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 | 209.515 % | £258,750 | £382,250 |
| 3 Month Average | 207.592 % | £256,376 | £379,876 |
| 6 Month Average | 233.525 % | £288,403 | £411,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £430,939 | £420,000 | 10 GORSE HILL |
| 2 Nov 2023 | £459,155 | £447,500 | 5 GORSE HILL |
| 31 Aug 2023 | £254,592 | £250,000 | OAKDENE COTTAGE STREET END LANE |
| 20 Jun 2023 | £403,078 | £395,000 | 5 SCOTSFORD CLOSE |
| 4 Nov 2022 | £306,566 | £308,000 | 28 GORSE HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Gorse Hill |
| Aug 2024 | Anti-social behaviour | On or near Broad View | |
| Aug 2024 | Anti-social behaviour | On or near Broad View | |
| Aug 2024 | Anti-social behaviour | On or near Broad View | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Broadhill Close |