£1,540,293
This estimated value is based upon the latest sale price for the house of £1,250,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £1,250,000 | 29 May 2020 |
| Freehold |
| Floor Area: 223 sq meters or 2,400 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 May 2020 the House Price Index for EAST SUSSEX was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,540,293.
| 29 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £1,250,000 | £290,293 | £1,540,293 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | -22.253 % | £-278,157 | £971,842 |
| 3 Month Average | 11.998 % | £149,975 | £1,399,975 |
| 6 Month Average | 9.142 % | £114,276 | £1,364,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £645,606 | £640,000 | 10 MORRIS ROAD |
| 17 Apr 2023 | £631,818 | £620,000 | 29 MORRIS ROAD |
| 23 Feb 2023 | £704,707 | £700,000 | 17 SOUTH STREET |
| 21 Feb 2023 | £679,539 | £675,000 | 18 MORRIS ROAD |
| 12 Sep 2022 | £34,977 | £35,000 | 2 SOUTH STREET |
This house has a floor area of 223 sq meters or 2,400 sq feet when measured on 20 Feb 2020. Using an estimated price of £1,540,294 means this house is valued at £6,907 per sq meter (£641 per sq foot).
The average size of a house on TIMBERYARD LANE is 164 sq meters (1,765 sq feet).
This house is the largest in the street with a floor area of 223 sq meters (2,400 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Chandlers Wharf | |
| Jun 2024 | Anti-social behaviour | On or near Chandlers Wharf | |
| May 2024 | Anti-social behaviour | On or near Chandlers Wharf | |
| May 2024 | Anti-social behaviour | On or near Chandlers Wharf | |
| May 2024 | Anti-social behaviour | On or near Chandlers Wharf |