£524,433
This estimated value is based upon the latest sale price for the house of £160,000 on 10 Sep 2001. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £160,000 | 10 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 September 2001 the House Price Index for EAST SUSSEX was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £160,000 results in an estimated price of approximately £524,433.
| 10 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £160,000 | £364,433 | £524,433 |
The Postcode Pricing Model uses changes in average sales price within the TN6 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 | 177.285 % | £283,655 | £443,655 |
| 3 Month Average | 115.712 % | £185,138 | £345,138 |
| 6 Month Average | 185.358 % | £296,573 | £456,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £436,462 | £430,000 | 8 SHAWFIELD |
| 21 Jul 2023 | £514,170 | £507,250 | 11 SHAWFIELD |
| 31 Jan 2023 | £373,242 | £375,000 | 38 NASSAU DRIVE |
| 6 Sep 2022 | £616,025 | £621,000 | 4 SHAWFIELD |
| 25 Mar 2022 | £466,318 | £450,000 | 20 ROCHESTER WAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Nov 2012. Using an estimated price of £524,433 means this house is valued at £5,579 per sq meter (£518 per sq foot).
The average size of a house on HILLRISE is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nassau Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Shawfield |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bethany Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rochester Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Springfield Close |