£530,829
This estimated value is based upon the latest sale price for the house of £517,000 on 12 May 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £517,000 | 12 May 2022 |
| £275,000 | 22 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2022 the House Price Index for EAST SUSSEX was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £517,000 results in an estimated price of approximately £530,829.
| 12 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £517,000 | £13,829 | £530,829 |
The Postcode Pricing Model uses changes in average sales price within the TN5 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 | -16.259 % | £-84,056 | £432,943 |
| 3 Month Average | 13.515 % | £69,874 | £586,874 |
| 6 Month Average | 13.255 % | £68,529 | £585,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,392,798 | £1,350,000 | OAKLANDS HOUSE MAYFIELD LANE |
| 12 Sep 2023 | £628,863 | £615,000 | 12 GREAT DURGATES CLOSE |
| 12 May 2022 | £530,829 | £517,000 | ROSEMARY COTTAGE STATION ROAD |
| 31 Jan 2022 | £413,477 | £390,000 | 2 GREAT DURGATES CLOSE |
| 25 Nov 2021 | £472,125 | £433,333 | LIME TREES STATION ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 5 Dec 2016. Using an estimated price of £530,829 means this house is valued at £6,395 per sq meter (£594 per sq foot).
The average size of a house on STATION ROAD is 157 sq meters (1,691 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Little Park |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Little Park |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bassett'S Forge |
| Oct 2024 | Burglary | Under investigation | On or near Bassett'S Forge |