£472,069
This estimated value is based upon the latest sale price for the house of £277,500 on 15 Oct 2010. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £277,500 | 15 Oct 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,136 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 2010 the House Price Index for EAST SUSSEX was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £277,500 results in an estimated price of approximately £472,069.
| 15 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £277,500 | £194,569 | £472,069 |
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 | 35.191 % | £97,655 | £375,155 |
| 3 Month Average | 21.766 % | £60,400 | £337,900 |
| 6 Month Average | 57.489 % | £159,532 | £437,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £503,815 | £495,000 | KINETON ERIDGE ROAD |
| 16 Aug 2023 | £1,170,238 | £1,160,000 | SHERRINFORD ERIDGE ROAD |
| 9 Jun 2023 | £1,265,327 | £1,250,000 | SILVERDEN ERIDGE ROAD |
| 11 Aug 2022 | £549,521 | £551,000 | CLOVELLY ERIDGE ROAD |
| 29 Jul 2022 | £501,299 | £499,950 | APRIL COTTAGE GREEN LANE |
This house has a floor area of 105 sq meters or 1,136 sq feet when measured on 21 May 2010. Using an estimated price of £472,070 means this house is valued at £4,471 per sq meter (£415 per sq foot).
The average size of a house on PAYNE CLOSE is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Payne Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Payne Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Payne Close |
| Feb 2024 | Other theft | Under investigation | On or near Limekiln Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pellings Farm |