£726,786
This estimated value is based upon the latest sale price for the house of £615,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near London Road
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| Price Paid | Date |
|---|---|
| £615,000 | 30 Oct 2020 |
| £392,000 | 28 Feb 2006 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 October 2020 the House Price Index for EAST SUSSEX was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £615,000 results in an estimated price of approximately £726,786.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £615,000 | £111,786 | £726,786 |
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 | 9.659 % | £59,405 | £674,405 |
| 3 Month Average | 6.390 % | £39,296 | £654,296 |
| 6 Month Average | 4.575 % | £28,135 | £643,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £670,606 | £650,000 | 1 THE WILLOWS MILLWOOD LANE |
| 17 Nov 2023 | £343,725 | £335,000 | 15 MILLWOOD CLOSE |
| 17 Nov 2023 | £666,929 | £650,000 | GABLE END MILLWOOD LANE |
| 10 Nov 2023 | £353,986 | £345,000 | THE BUSHEL LONDON ROAD |
| 8 Mar 2023 | £1,001,729 | £985,000 | CARMEL COTTAGE LONDON ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 15 Apr 2019. Using an estimated price of £726,787 means this house is valued at £6,856 per sq meter (£636 per sq foot).
The average size of a house on LONDON ROAD is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near London Road |
| 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 | Public order | Under investigation | On or near London Road |