£551,394
This estimated value is based upon the latest sale price for the house of £440,000 on 2 Mar 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£440,000 | 2 Mar 2018 |
£215,000 | 15 May 2009 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 March 2018 the House Price Index for EAST SUSSEX was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £440,000 results in an estimated price of approximately £551,394.
2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £440,000 | £111,394 | £551,394 |
The Postcode Pricing Model uses changes in average sales price within the BN26 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 | 12.780 % | £56,230 | £496,230 |
3 Month Average | 29.891 % | £131,518 | £571,518 |
6 Month Average | 32.794 % | £144,293 | £584,293 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £274,808 | £270,000 | 2 PILLAR BOX COTTAGES JEVINGTON ROAD |
30 Nov 2023 | £296,388 | £292,000 | 61 CORNMILL GARDENS |
9 Sep 2022 | £486,075 | £490,000 | 1 GLEN COTTAGES JEVINGTON ROAD |
26 May 2022 | £428,066 | £420,000 | 4 WILLOW BROOK COTTAGES |
25 Apr 2022 | £422,218 | £410,000 | 33 OLD MILL LANE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 3 Jan 2018. Using an estimated price of £551,395 means this house is valued at £6,564 per sq meter (£609 per sq foot).
The average size of a house on OLD MILL LANE is 108 sq meters (1,165 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Under investigation | On or near Mill Way |
Jan 2024 | Other crime | Under investigation | On or near Mill Way |
Jan 2024 | Other crime | Under investigation | On or near Mill Way |
Jan 2024 | Other crime | Under investigation | On or near Mill Way |
Jan 2024 | Other crime | Under investigation | On or near Mill Way |