£999,040
This estimated value is based upon the latest sale price for the house of £585,000 on 7 Jan 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£585,000 | 7 Jan 2013 |
£376,000 | 13 Nov 2009 |
Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 January 2013 the House Price Index for EAST SUSSEX was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £585,000 results in an estimated price of approximately £999,040.
7 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.776 % | £585,000 | £414,040 | £999,040 |
The Postcode Pricing Model uses changes in average sales price within the TN31 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 | 109.068 % | £638,049 | £1,223,049 |
3 Month Average | 47.707 % | £279,085 | £864,085 |
6 Month Average | 57.138 % | £334,257 | £919,257 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £471,240 | £464,000 | 56 MILITARY ROAD |
14 Dec 2023 | £1,129,198 | £1,094,500 | ROTHER HOUSE POINT HILL |
29 Sep 2023 | £469,346 | £459,000 | 19 MILL ROAD |
11 Sep 2023 | £1,431,557 | £1,400,000 | PLAYDEN HOUSE MILITARY ROAD |
14 Mar 2023 | £371,199 | £365,000 | FLAT 1 SALTCOTE MEWS SALTCOTE LANE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 30 Jul 2012. Using an estimated price of £999,041 means this house is valued at £6,842 per sq meter (£635 per sq foot).
The average size of a house on NEW ENGLAND LANE is 169 sq meters (1,827 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New England Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Road |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Road |
Jul 2024 | Anti-social behaviour | On or near Military Road | |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Military Road |