£466,199
This estimated value is based upon the latest sale price for the house of £275,000 on 8 Sep 2010. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 8 Sep 2010 |
| £95,000 | 30 May 1997 |
| £35,000 | 31 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,475 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 September 2010 the House Price Index for EAST SUSSEX was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £275,000 results in an estimated price of approximately £466,199.
| 8 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £275,000 | £191,199 | £466,199 |
The Postcode Pricing Model uses changes in average sales price within the TN6 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 | 53.509 % | £147,149 | £422,149 |
| 3 Month Average | 20.603 % | £56,656 | £331,656 |
| 6 Month Average | 59.004 % | £162,262 | £437,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £639,570 | £640,000 | EVENLODE GREEN LANE |
| 9 Jan 2023 | £1,144,608 | £1,150,000 | SPRINGFIELD GREEN LANE |
| 29 Jul 2022 | £501,299 | £499,950 | APRIL COTTAGE GREEN LANE |
| 27 Jul 2022 | £651,754 | £650,000 | MANDALAY ERIDGE ROAD |
| 17 May 2022 | £738,923 | £725,000 | APPLETREE COTTAGE GREEN LANE |
This house has a floor area of 137 sq meters or 1,475 sq feet when measured on 18 Nov 2009. Using an estimated price of £466,199 means this house is valued at £3,400 per sq meter (£315 per sq foot).
The average size of a house on PALESGATE LANE is 130 sq meters (1,408 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Limekiln Court |
| Mar 2024 | Other crime | Under investigation | On or near Payne Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Payne Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Payne Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pellings Farm |