£330,737
This estimated value is based upon the latest sale price for the house of £195,000 on 15 Jun 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £195,000 | 15 Jun 2012 |
| £170,000 | 2 Dec 2003 |
| £120,000 | 5 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 927 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 June 2012 the House Price Index for EAST SUSSEX was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £195,000 results in an estimated price of approximately £330,737.
| 15 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £195,000 | £135,737 | £330,737 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 75.171 % | £146,583 | £341,583 |
| 3 Month Average | 64.959 % | £126,670 | £321,670 |
| 6 Month Average | 70.551 % | £137,575 | £332,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £268,249 | £265,000 | 19 PENRITH WAY |
| 10 Feb 2023 | £179,879 | £180,000 | 9 OAK TREE LANE |
| 25 Jul 2022 | £353,953 | £353,000 | 16 MIDDLEHAM WAY |
| 25 Mar 2022 | £269,428 | £260,000 | 2 OAK TREE LANE |
| 8 Dec 2021 | £348,198 | £325,000 | 18 OAK TREE LANE |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 11 Aug 2011. Using an estimated price of £330,738 means this house is valued at £3,838 per sq meter (£356 per sq foot).
The average size of a house on OAK TREE LANE is 104 sq meters (1,126 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Downland Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Rookery |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Downland Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Middleham Way |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Penrith Way |