£451,032
This estimated value is based upon the latest sale price for the house of £373,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£373,000 | 31 Jul 2020 |
£373,000 | 31 Jul 2020 |
£100,000 | 30 Jun 1997 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 2020 the House Price Index for EAST SUSSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £373,000 results in an estimated price of approximately £451,032.
31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £373,000 | £78,032 | £451,032 |
The Postcode Pricing Model uses changes in average sales price within the TN38 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 | 9.115 % | £33,998 | £406,998 |
3 Month Average | 21.602 % | £80,576 | £453,576 |
6 Month Average | 24.974 % | £93,152 | £466,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £203,562 | £200,000 | 39 CELANDINE DRIVE |
18 Aug 2023 | £459,016 | £455,000 | 4 MARLBOROUGH CLOSE |
27 Feb 2023 | £314,788 | £315,000 | APARTMENT 6 FERNSIDE HOUSE, 49 HOLLINGTON PARK ROAD |
12 Aug 2022 | £847,718 | £850,000 | 25 HOLLINGTON PARK ROAD |
22 Apr 2022 | £211,109 | £205,000 | 9 CELANDINE DRIVE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 27 Feb 2020. Using an estimated price of £451,033 means this house is valued at £4,027 per sq meter (£374 per sq foot).
The average size of a house on MARLBOROUGH CLOSE is 139 sq meters (1,501 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Marlborough Close |
Jan 2024 | Drugs | Local resolution | On or near Marlborough Close |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marlborough Close |
Dec 2023 | Criminal damage and arson | Under investigation | On or near Marlborough Close |
Dec 2023 | Criminal damage and arson | Under investigation | On or near Marlborough Close |