£538,211
This estimated value is based upon the latest sale price for the house of £317,000 on 1 Oct 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £317,000 | 1 Oct 2012 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2012 the House Price Index for EAST SUSSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £317,000 results in an estimated price of approximately £538,211.
| 1 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £317,000 | £221,211 | £538,211 |
The Postcode Pricing Model uses changes in average sales price within the TN39 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 | 26.737 % | £84,756 | £401,756 |
| 3 Month Average | 29.338 % | £93,002 | £410,002 |
| 6 Month Average | 52.166 % | £165,364 | £482,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £642,786 | £635,000 | 8 SPINDLEWOOD DRIVE |
| 1 Jun 2023 | £776,405 | £767,000 | 12 HOLLAND AVENUE |
| 24 Feb 2023 | £224,849 | £225,000 | FLAT 2 ORCHARD COURT, 13 BARNHORN ROAD |
| 29 Jun 2022 | £552,812 | £545,000 | 11 BARNHORN ROAD |
| 27 May 2022 | £486,160 | £477,000 | SLEDMERE MAPLE WALK |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 16 Jul 2012. Using an estimated price of £538,212 means this house is valued at £5,030 per sq meter (£467 per sq foot).
The average size of a house on SPINDLEWOOD DRIVE is 122 sq meters (1,315 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Under investigation | On or near Mulberry Close |
| Mar 2024 | Anti-social behaviour | On or near Meads Road | |
| Dec 2023 | Anti-social behaviour | On or near Meads Road | |
| Dec 2023 | Anti-social behaviour | On or near Meads Road | |
| Dec 2023 | Anti-social behaviour | On or near Meads Road |