£980,496
This estimated value is based upon the latest sale price for the house of £577,500 on 18 Oct 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £577,500 | 18 Oct 2012 |
| £499,950 | 19 Apr 2006 |
| £478,000 | 5 Sep 2003 |
| £267,000 | 5 Dec 1997 |
| £225,000 | 8 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 October 2012 the House Price Index for EAST SUSSEX was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £577,500 results in an estimated price of approximately £980,496.
| 18 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £577,500 | £402,996 | £980,496 |
The Postcode Pricing Model uses changes in average sales price within the TN19 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 | 54.235 % | £313,208 | £890,708 |
| 3 Month Average | 52.015 % | £300,386 | £877,886 |
| 6 Month Average | 79.916 % | £461,516 | £1,039,016 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £865,000 | £865,000 | UNDERWOODS FARM COTTAGE BORDERS LANE |
| 28 Jul 2023 | £349,707 | £345,000 | BRAEMAR HIGH STREET |
| 14 Apr 2023 | £629,276 | £622,500 | ENGLEFIELD HIGH STREET |
| 31 Mar 2023 | £302,853 | £300,000 | 3 OXENBRIDGE ROW |
| 25 Jul 2022 | £701,889 | £700,000 | 3 OAKS CLOSE |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 27 Nov 2020. Using an estimated price of £980,496 means this house is valued at £6,408 per sq meter (£595 per sq foot).
The average size of a house on BORDERS LANE is 250 sq meters (2,690 sq feet).
This house is the smallest in the street with a floor area of 153 sq meters (1,646 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oaks Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Farm Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxenbridge Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near High Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near High Street |