£300,539
This estimated value is based upon the latest sale price for the house of £222,500 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £222,500 | 24 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2016 the House Price Index for EAST SUSSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £222,500 results in an estimated price of approximately £300,539.
| 24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £222,500 | £78,039 | £300,539 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 37.891 % | £84,306 | £306,806 |
| 3 Month Average | 30.499 % | £67,860 | £290,360 |
| 6 Month Average | 43.483 % | £96,748 | £319,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £390,000 | £390,000 | 2 FLEMING CLOSE |
| 8 Mar 2024 | £340,000 | £340,000 | 14 DURRELL CLOSE |
| 22 Sep 2023 | £339,339 | £335,000 | 97 TOLKIEN ROAD |
| 24 Feb 2023 | £319,785 | £320,000 | 53 TOLKIEN ROAD |
| 27 Jan 2023 | £410,068 | £412,000 | 18 DURRELL CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 24 Feb 2016. Using an estimated price of £300,539 means this house is valued at £4,847 per sq meter (£450 per sq foot).
The average size of a house on TOLKIEN ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Tolkien Road | |
| Feb 2024 | Anti-social behaviour | On or near Tolkien Road | |
| Mar 2024 | Public order | Under investigation | On or near Fleming Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Close Twelve |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Priory Road |