£294,203
This estimated value is based upon the latest sale price for the house of £175,000 on 25 Sep 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £175,000 | 25 Sep 2012 |
| £154,000 | 20 Oct 2009 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2012 the House Price Index for EAST SUSSEX was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.116%.Applying this 68.116% change to the original purchase price of £175,000 results in an estimated price of approximately £294,203.
| 25 Sep 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.116 % | £175,000 | £119,203 | £294,203 |
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 | 69.473 % | £121,576 | £296,576 |
| 3 Month Average | 74.549 % | £130,460 | £305,460 |
| 6 Month Average | 81.722 % | £143,013 | £318,013 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Apr 2012.
The average size of a house on IRONLATCH AVENUE is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Under investigation | On or near Gillsman'S Drive |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Ironlatch Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ironlatch Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bluestone Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bluestone Close |