£924,218
This estimated value is based upon the latest sale price for the house of £750,000 on 18 Apr 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Powdermill Lane
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| Price Paid | Date |
|---|---|
| £750,000 | 18 Apr 2018 |
| £233,000 | 14 May 1999 |
| Detached |
| Freehold |
| Floor Area: 202 sq meters or 2,177 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 April 2018 the House Price Index for EAST SUSSEX was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £750,000 results in an estimated price of approximately £924,218.
| 18 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £750,000 | £174,218 | £924,218 |
The Postcode Pricing Model uses changes in average sales price within the TN33 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 | 36.832 % | £276,238 | £1,026,238 |
| 3 Month Average | -0.355 % | £-2,660 | £747,339 |
| 6 Month Average | 43.282 % | £324,614 | £1,074,614 |
This house has a floor area of 202 sq meters or 2,177 sq feet when measured on 24 Mar 2011.
The average size of a house on POWDERMILL LANE is 326 sq meters (3,514 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Powdermill Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Powdermill Lane |
| Mar 2024 | Other theft | Under investigation | On or near Park/Open Space |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Claverham Way |