£431,944
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Sep 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 26 Sep 2011 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2011 the House Price Index for EAST SUSSEX was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £250,000 results in an estimated price of approximately £431,944.
| 26 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £250,000 | £181,944 | £431,944 |
The Postcode Pricing Model uses changes in average sales price within the TN32 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 | -4.000 % | £-10,000 | £240,000 |
| 3 Month Average | -7.837 % | £-19,592 | £230,407 |
| 6 Month Average | 85.931 % | £214,828 | £464,828 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2023 | £474,470 | £470,000 | 39 MILL RISE |
| 25 Aug 2022 | £473,725 | £475,000 | MADOC BELLHURST ROAD |
| 17 Jun 2022 | £438,700 | £432,500 | 8 MILL RISE |
| 29 Sep 2021 | £449,356 | £417,000 | 18 MILL RISE |
| 28 Jun 2021 | £547,191 | £510,000 | 34 MILL RISE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 13 Feb 2015. Using an estimated price of £431,945 means this house is valued at £4,595 per sq meter (£426 per sq foot).
The average size of a house on MILL RISE is 109 sq meters (1,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mill Rise |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Rise |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Knelle Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Knelle Road |
| Mar 2024 | Public order | Under investigation | On or near Knelle Road |