£483,078
This estimated value is based upon the latest sale price for the house of £445,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £445,000 | 30 Sep 2021 |
| Detached |
| Freehold |
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 September 2021 the House Price Index for EAST SUSSEX was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £445,000 results in an estimated price of approximately £483,078.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £445,000 | £38,078 | £483,078 |
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 | -2.174 % | £-9,672 | £435,327 |
| 3 Month Average | -4.165 % | £-18,533 | £426,466 |
| 6 Month Average | -4.397 % | £-19,567 | £425,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £348,000 | £348,000 | 1 IRONLATCH CLOSE |
| 26 Sep 2023 | £501,045 | £490,000 | 3 GILLSMANS DRIVE |
| 20 Jun 2023 | £316,339 | £310,000 | 13 IRONLATCH AVENUE |
| 17 Apr 2023 | £546,216 | £536,000 | 39 GILLSMANS PARK |
| 9 Nov 2022 | £350,859 | £352,500 | 14 IRONLATCH AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Gillsman'S Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gillsman'S Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gillsman'S Drive |
| Jun 2024 | Possession of weapons | Under investigation | On or near Gillsman'S Hill |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marlborough Close |