£339,588
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Sep 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 7 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2018 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £275,000 results in an estimated price of approximately £339,588.
| 7 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £275,000 | £64,588 | £339,588 |
The Postcode Pricing Model uses changes in average sales price within the TN22 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 | -36.951 % | £-101,614 | £173,385 |
| 3 Month Average | -12.894 % | £-35,458 | £239,541 |
| 6 Month Average | 4.837 % | £13,300 | £288,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £359,142 | £356,000 | 6 BOUNDSWAY |
| 28 Jul 2023 | £324,366 | £320,000 | 118 TOWER RIDE |
| 19 Jun 2023 | £227,759 | £225,000 | 1 ROOKWOOD CLOSE |
| 16 Jun 2023 | £334,046 | £330,000 | 114 NEVILL ROAD |
| 6 Jan 2023 | £301,579 | £303,000 | 120 TOWER RIDE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Jun 2018. Using an estimated price of £339,588 means this house is valued at £5,477 per sq meter (£508 per sq foot).
The average size of a house on BIRLING WAY is 86 sq meters (933 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Laurels |