£372,886
This estimated value is based upon the latest sale price for the house of £225,500 on 20 Aug 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near The Smithy
More crime details
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Price Paid | Date |
---|---|
£225,500 | 20 Aug 2013 |
£189,950 | 25 Jun 2004 |
£134,500 | 19 Jul 2002 |
£94,000 | 24 May 1999 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 831 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 August 2013 the House Price Index for EAST SUSSEX was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £225,500 results in an estimated price of approximately £372,886.
20 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 148.6 | 65.360 % | £225,500 | £147,386 | £372,886 |
The Postcode Pricing Model uses changes in average sales price within the TN22 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 | 11.415 % | £25,739 | £251,239 |
3 Month Average | 24.297 % | £54,789 | £280,289 |
6 Month Average | 37.541 % | £84,655 | £310,155 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £374,792 | £370,000 | 38 BRIDGE FARM ROAD |
30 Jun 2023 | £344,169 | £340,000 | 68 FORGE RISE |
23 Jun 2023 | £374,537 | £370,000 | 59 FORGE RISE |
26 Aug 2022 | £431,339 | £432,500 | 41 FORGE RISE |
28 Apr 2022 | £352,706 | £342,500 | 57 FORGE RISE |
This house has a floor area of 77 sq meters or 831 sq feet when measured on 4 Nov 2009. Using an estimated price of £372,887 means this house is valued at £4,828 per sq meter (£448 per sq foot).
The average size of a house on FORGE RISE is 81 sq meters (878 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near The Smithy |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Smithy |
Mar 2024 | Anti-social behaviour | On or near Farriers Way | |
Mar 2024 | Anti-social behaviour | On or near Farriers Way | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Anvil Close |