£488,647
This estimated value is based upon the latest sale price for the house of £462,000 on 1 Dec 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £462,000 | 1 Dec 2021 |
| £277,500 | 23 Jan 2004 |
| £150,000 | 11 Apr 2000 |
| £96,000 | 26 Sep 1997 |
| £75,000 | 11 Jan 1995 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2021 the House Price Index for EAST SUSSEX was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £462,000 results in an estimated price of approximately £488,647.
| 1 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £462,000 | £26,647 | £488,647 |
The Postcode Pricing Model uses changes in average sales price within the TN38 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 | 5.299 % | £24,479 | £486,479 |
| 3 Month Average | 0.114 % | £526 | £462,526 |
| 6 Month Average | -1.387 % | £-6,407 | £455,592 |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 7 Aug 2018.
The average size of a house on GILLSMANS HILL is 180 sq meters (1,940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Under investigation | On or near Gillsman'S Drive |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Ironlatch Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ironlatch Avenue |
| Mar 2024 | Public order | Under investigation | On or near Gillsman'S Hill |
| Jan 2024 | Vehicle crime | Under investigation | On or near Gillsman'S Hill |