£76,114
This estimated value is based upon the latest sale price for the house of £45,000 on 5 Dec 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £45,000 | 5 Dec 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 821 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 December 2012 the House Price Index for EAST SUSSEX was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £45,000 results in an estimated price of approximately £76,114.
| 5 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £45,000 | £31,114 | £76,114 |
The Postcode Pricing Model uses changes in average sales price within the TN6 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 | 38.711 % | £17,419 | £62,419 |
| 3 Month Average | 19.120 % | £8,603 | £53,603 |
| 6 Month Average | 52.454 % | £23,604 | £68,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £443,883 | £440,000 | 8 KINGFISHER DRIVE |
| 28 Jul 2023 | £319,297 | £315,000 | 2 ALDERBROOK COTTAGES STONE CROSS ROAD |
| 18 Jul 2023 | £435,866 | £430,000 | 22 ALDERBROOK CLOSE |
| 24 Apr 2023 | £328,537 | £325,000 | 50 STONE CROSS ROAD |
| 4 Aug 2022 | £648,255 | £650,000 | 2 KINGFISHER DRIVE |
This house has a floor area of 76 sq meters or 821 sq feet when measured on 14 Jan 2012. Using an estimated price of £76,115 means this house is valued at £997 per sq meter (£92 per sq foot).
The average size of a house on ALDERBROOK CLOSE is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Adam Close |
| Jan 2024 | Anti-social behaviour | On or near Adam Close | |
| Jan 2024 | Anti-social behaviour | On or near Adam Close | |
| Jan 2024 | Anti-social behaviour | On or near Adam Close | |
| Mar 2024 | Anti-social behaviour | On or near Alderbrook Close |