£366,109
This estimated value is based upon the latest sale price for the house of £290,000 on 1 Mar 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There have been two burglaries within the last year on or near London Road
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| Price Paid | Date |
|---|---|
| £290,000 | 1 Mar 2018 |
| £325,000 | 21 Oct 2016 |
| 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 March 2018 the House Price Index for EAST SUSSEX was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £290,000 results in an estimated price of approximately £366,109.
| 1 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £290,000 | £76,109 | £366,109 |
The Postcode Pricing Model uses changes in average sales price within the TN22 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 | 9.636 % | £27,943 | £317,943 |
| 3 Month Average | 7.999 % | £23,196 | £313,196 |
| 6 Month Average | 27.635 % | £80,140 | £370,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £424,522 | £418,000 | SPRINGFIELD RINGLES CROSS |
| 13 Oct 2023 | £639,525 | £625,000 | 3 SNATTS ROAD |
| 13 Oct 2023 | £665,106 | £650,000 | MARIEVILLE RINGLES CROSS |
| 28 Apr 2023 | £580,865 | £570,000 | 28 RINGLES CROSS |
| 30 Jan 2023 | £646,728 | £645,000 | DIAMOND COTTAGE LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near London Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Aug 2024 | Burglary | Under investigation | On or near London Road |
| Jul 2024 | Burglary | Under investigation | On or near London Road |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Nevill Green |