£301,049
This estimated value is based upon the latest sale price for the house of £242,000 on 14 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 |
---|---|
£242,000 | 14 Sep 2018 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £242,000 results in an estimated price of approximately £301,049.
14 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £242,000 | £59,049 | £301,049 |
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 | 25.090 % | £60,718 | £302,718 |
3 Month Average | 18.181 % | £43,997 | £285,997 |
6 Month Average | 18.964 % | £45,892 | £287,892 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £328,334 | £320,000 | 1 FIELD WAY |
9 Jun 2023 | £288,787 | £283,000 | 5 WARREN CLOSE |
29 Jul 2022 | £280,814 | £278,000 | 19 WARREN CLOSE |
5 Jul 2022 | £350,512 | £347,000 | 36 KITE CLOSE |
27 Aug 2021 | £315,809 | £281,000 | 3 REEDSWOOD ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Jun 2018. Using an estimated price of £301,050 means this house is valued at £4,181 per sq meter (£388 per sq foot).
The average size of a house on KITE CLOSE is 77 sq meters (830 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kite Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Moorhen Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Moorhen Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Harley Shute Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Harley Shute Road |