£269,793
This estimated value is based upon the latest sale price for the house of £224,000 on 23 Mar 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £224,000 | 23 Mar 2020 |
| £179,950 | 2 Jul 2008 |
| £161,500 | 19 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for EAST SUSSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £224,000 results in an estimated price of approximately £269,793.
| 23 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £224,000 | £45,793 | £269,793 |
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 | 18.356 % | £41,116 | £265,116 |
| 3 Month Average | 29.794 % | £66,738 | £290,738 |
| 6 Month Average | 24.834 % | £55,628 | £279,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £465,000 | £465,000 | 18 SPRINGFIELD ROAD |
| 4 Aug 2023 | £70,618 | £70,000 | FLAT 2 148 LONDON ROAD |
| 1 Jun 2023 | £835,116 | £825,000 | 63 SPRINGFIELD ROAD |
| 31 Mar 2023 | £444,185 | £440,000 | 20 TOWER ROAD WEST |
| 17 Jan 2023 | £442,914 | £445,000 | 19 SPRINGFIELD ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Oct 2019. Using an estimated price of £269,794 means this house is valued at £3,211 per sq meter (£298 per sq foot).
The average size of a house on BUCHANAN GARDENS is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buchanan Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Buchannan Gardens |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buchannan Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buchannan Gardens |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Springfield Valley Road |