£1,417,273
This estimated value is based upon the latest sale price for the house of £887,500 on 18 May 2007. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £887,500 | 18 May 2007 |
| 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 May 2007 the House Price Index for EAST SUSSEX was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £887,500 results in an estimated price of approximately £1,417,273.
| 18 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £887,500 | £529,773 | £1,417,273 |
The Postcode Pricing Model uses changes in average sales price within the TN8 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 | 14.271 % | £126,652 | £1,014,152 |
| 3 Month Average | 41.314 % | £366,660 | £1,254,160 |
| 6 Month Average | 76.032 % | £674,785 | £1,562,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £1,815,886 | £1,800,000 | BASING HOUSE FURNACE LANE |
| 3 Apr 2023 | £530,714 | £525,000 | DAIRY COTTAGE SMITHERS LANE |
| 24 Feb 2023 | £549,630 | £550,000 | 2 FURNACE FARM COTTAGE FURNACE LANE |
| 20 Jul 2022 | £917,470 | £915,000 | HAMMERWOOD COTTAGE |
| 31 May 2022 | £907,092 | £890,000 | FERNS CANSIRON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Park/Open Space |
| Dec 2023 | Other theft | Local resolution | On or near Park/Open Space |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cansiron Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |