£613,237
This estimated value is based upon the latest sale price for the house of £466,500 on 12 Jul 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £466,500 | 12 Jul 2016 |
| £300,000 | 27 Jul 2006 |
| £219,950 | 21 Jan 2005 |
| £180,000 | 9 Nov 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 183 sq meters or 1,969 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 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £466,500 results in an estimated price of approximately £613,237.
| 12 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £466,500 | £146,737 | £613,237 |
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 | 31.061 % | £144,898 | £611,398 |
| 3 Month Average | 22.349 % | £104,259 | £570,759 |
| 6 Month Average | 37.522 % | £175,038 | £641,538 |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 22 Mar 2016.
The average size of a house on SPRINGFIELD ROAD is 144 sq meters (1,559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buchanan Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Springfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Buchannan Gardens |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buchannan Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buchannan Gardens |