£128,860
This estimated value is based upon the latest sale price for the house of £97,000 on 26 May 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£97,000 | 26 May 2016 |
£70,000 | 5 Jan 2004 |
£45,000 | 15 Aug 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 May 2016 the House Price Index for EAST SUSSEX was 110.7.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 32.846%.Applying this 32.846% change to the original purchase price of £97,000 results in an estimated price of approximately £128,860.
26 May 2016 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 147.0 | 32.846 % | £97,000 | £31,860 | £128,860 |
The Postcode Pricing Model uses changes in average sales price within the TN37 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 | 34.958 % | £33,909 | £130,909 |
3 Month Average | 60.049 % | £58,247 | £155,247 |
6 Month Average | 51.228 % | £49,691 | £146,691 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2023 | £160,109 | £160,000 | 2 LONGACRE CLOSE |
25 Aug 2022 | £295,576 | £300,000 | 19 FAIRFIELD ROAD |
22 Jul 2022 | £193,291 | £195,000 | 9 FARMLANDS CLOSE |
13 Jul 2022 | £168,460 | £169,950 | 8 FAIRFIELD ROAD |
4 Jul 2022 | £352,879 | £356,000 | 38 FARMLANDS CLOSE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 30 Sep 2015. Using an estimated price of £128,860 means this house is valued at £2,801 per sq meter (£260 per sq foot).
The average size of a house on FAIRFIELD ROAD is 64 sq meters (692 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenfields Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Westdene Close |
Oct 2023 | Violence and sexual offences | Local resolution | On or near Welton Rise |
Oct 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Welton Rise |
Nov 2023 | Violence and sexual offences | Under investigation | On or near Knowsley Court |