£1,238,365
This estimated value is based upon the latest sale price for the house of £930,000 on 12 Jul 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £930,000 | 12 Jul 2016 |
| Detached |
| Freehold |
| Floor Area: 266 sq meters or 2,863 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 July 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £930,000 results in an estimated price of approximately £1,238,365.
| 12 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £930,000 | £308,365 | £1,238,365 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | -31.947 % | £-297,106 | £632,893 |
| 3 Month Average | -13.904 % | £-129,309 | £800,690 |
| 6 Month Average | 0.986 % | £9,172 | £939,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £405,181 | £400,000 | 9 ORCHARD ROAD |
| 18 Sep 2023 | £390,999 | £386,000 | 17 THE LYNCHETS |
| 26 Jul 2023 | £675,086 | £666,000 | 15 MILL ROAD |
| 21 Jul 2023 | £1,008,017 | £994,450 | BRYONY MILL ROAD |
| 27 Jan 2023 | £457,794 | £459,950 | 3 MALLING FIELDS SPENCES LANE |
This house has a floor area of 266 sq meters or 2,863 sq feet when measured on 11 May 2015. Using an estimated price of £1,238,366 means this house is valued at £4,655 per sq meter (£432 per sq foot).
The average size of a house on MALLING HILL is 220 sq meters (2,377 sq feet).
This house is the largest in the street with a floor area of 266 sq meters (2,863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Malling Hill | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Road |
| Jan 2024 | Anti-social behaviour | On or near Orchard Road | |
| Jan 2024 | Anti-social behaviour | On or near Orchard Road | |
| Jan 2024 | Anti-social behaviour | On or near Orchard Road |