£3,064,012
This estimated value is based upon the latest sale price for the house of £500,000 on 5 Jul 2024. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £500,000 | 5 Jul 2024 |
| £418,000 | 18 Mar 2024 |
| £123,000 | 27 May 1999 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2024 the House Price Index for EAST SUSSEX was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £500,000 results in an estimated price of approximately £3,064,012.
| 5 Jul 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £500,000 | £2,564,012 | £3,064,012 |
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 | 19.591 % | £97,953 | £597,953 |
| 3 Month Average | -3.779 % | £-18,894 | £481,105 |
| 6 Month Average | 2.306 % | £11,528 | £511,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £639,525 | £625,000 | 3 SNATTS ROAD |
| 13 Oct 2023 | £665,106 | £650,000 | MARIEVILLE RINGLES CROSS |
| 21 Jun 2023 | £969,427 | £950,000 | ROUNDWOOD RINGLES CROSS |
| 28 Apr 2023 | £580,865 | £570,000 | 28 RINGLES CROSS |
| 16 Feb 2023 | £322,152 | £320,000 | 8 NEVILL ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 10 Aug 2015.
The average size of a house on RINGLES CROSS is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | 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 |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near London Road |
| Oct 2024 | Anti-social behaviour | On or near Claremont Rise |