£274,522
This estimated value is based upon the latest sale price for the house of £215,000 on 6 Sep 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£215,000 | 6 Sep 2017 |
£137,000 | 17 Feb 2014 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 2017 the House Price Index for EAST SUSSEX was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £215,000 results in an estimated price of approximately £274,522.
6 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £215,000 | £59,522 | £274,522 |
The Postcode Pricing Model uses changes in average sales price within the TN38 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 | 24.889 % | £53,511 | £268,511 |
3 Month Average | 33.311 % | £71,617 | £286,617 |
6 Month Average | 28.492 % | £61,256 | £276,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £288,787 | £283,000 | 5 WARREN CLOSE |
29 Jul 2022 | £280,814 | £278,000 | 19 WARREN CLOSE |
5 Jul 2022 | £350,512 | £347,000 | 36 KITE CLOSE |
27 Aug 2021 | £315,809 | £281,000 | 3 REEDSWOOD ROAD |
18 Dec 2020 | £305,239 | £264,000 | 11 REEDSWOOD ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 18 Nov 2013. Using an estimated price of £274,522 means this house is valued at £4,500 per sq meter (£418 per sq foot).
The average size of a house on WARREN CLOSE is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Moorhen Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Moorhen Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kite Close |
Jul 2024 | Anti-social behaviour | On or near Heron Close | |
May 2024 | Anti-social behaviour | On or near Heron Close |