£475,423
This estimated value is based upon the latest sale price for the house of £385,000 on 3 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 |
---|---|
£385,000 | 3 Sep 2018 |
Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 £385,000 results in an estimated price of approximately £475,423.
3 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £385,000 | £90,423 | £475,423 |
The Postcode Pricing Model uses changes in average sales price within the TN5 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 | -9.344 % | £-35,974 | £349,025 |
3 Month Average | 32.240 % | £124,123 | £509,123 |
6 Month Average | 50.509 % | £194,460 | £579,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £1,008,826 | £1,000,000 | 10C STONE CROSS ROAD |
10 Feb 2023 | £347,266 | £347,500 | 2 CEDAR VILLAS |
22 Feb 2022 | £760,010 | £724,720 | 2 ST. GEORGES COTTAGES BRINKERS LANE |
29 Oct 2021 | £697,081 | £630,000 | 1 LOWER HIGH STREET |
29 Sep 2021 | £360,993 | £335,000 | CEDAR BANK LOWER HIGH STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 24 Jul 2018. Using an estimated price of £475,423 means this house is valued at £5,869 per sq meter (£545 per sq foot).
The average size of a house on OAKWOOD WAY is 137 sq meters (1,480 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Oakwood Way |
Jan 2024 | Other theft | Under investigation | On or near Oakwood Way |
Feb 2024 | Anti-social behaviour | On or near Walters Cottages | |
Feb 2024 | Anti-social behaviour | On or near Walters Cottages | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lower High Street |