£669,328
This estimated value is based upon the latest sale price for the house of £442,000 on 6 Aug 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £442,000 | 6 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 August 2014 the House Price Index for EAST SUSSEX was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £442,000 results in an estimated price of approximately £669,328.
| 6 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £442,000 | £227,328 | £669,328 |
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 | 34.078 % | £150,624 | £592,624 |
| 3 Month Average | 15.046 % | £66,502 | £508,502 |
| 6 Month Average | 49.358 % | £218,163 | £660,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2022 | £741,997 | £740,000 | STORNAWAY GREEN LANE |
| 11 Dec 2020 | £803,399 | £700,000 | NASHVILLE GREEN LANE |
| 12 Nov 2020 | £440,554 | £380,000 | 54 NASSAU DRIVE |
| 6 Oct 2020 | £351,925 | £300,000 | 40 NASSAU DRIVE |
| 17 Jul 2020 | £340,149 | £281,300 | 50 NASSAU DRIVE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 28 Mar 2013. Using an estimated price of £669,329 means this house is valued at £4,616 per sq meter (£428 per sq foot).
The average size of a house on GREEN LANE is 134 sq meters (1,446 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Springfield Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Nassau Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bethany Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Shawfield |
| Feb 2024 | Anti-social behaviour | On or near Poundfield Road |