£524,184
This estimated value is based upon the latest sale price for the house of £425,000 on 18 Jul 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £425,000 | 18 Jul 2019 |
| £208,000 | 27 Oct 2000 |
| £155,000 | 19 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 July 2019 the House Price Index for EAST SUSSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £425,000 results in an estimated price of approximately £524,184.
| 18 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £425,000 | £99,184 | £524,184 |
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 | 53.828 % | £228,769 | £653,769 |
| 3 Month Average | 0.808 % | £3,432 | £428,432 |
| 6 Month Average | 31.495 % | £133,855 | £558,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £517,664 | £510,000 | 11 WELLAND CLOSE |
| 3 Nov 2023 | £522,739 | £515,000 | 52 FERMOR WAY |
| 17 Apr 2023 | £303,265 | £300,000 | MARBIE LUXFORD LANE |
| 17 Mar 2023 | £413,899 | £410,000 | 10 FERMOR WAY |
| 21 Feb 2023 | £569,617 | £570,000 | 12 LINCOLN WAY |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 10 Apr 2019. Using an estimated price of £524,184 means this house is valued at £4,404 per sq meter (£409 per sq foot).
The average size of a house on LINCOLN WAY is 119 sq meters (1,290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lincoln Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Luxford Lane |
| Feb 2024 | Burglary | Under investigation | On or near Luxford Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Coombe Edge |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Coombe Edge |