£740,865
This estimated value is based upon the latest sale price for the house of £565,000 on 20 Dec 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £565,000 | 20 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 December 2016 the House Price Index for EAST SUSSEX was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £565,000 results in an estimated price of approximately £740,865.
| 20 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £565,000 | £175,865 | £740,865 |
The Postcode Pricing Model uses changes in average sales price within the TN7 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 | 159.740 % | £902,532 | £1,467,532 |
| 3 Month Average | 45.932 % | £259,515 | £824,515 |
| 6 Month Average | 39.030 % | £220,521 | £785,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £557,123 | £550,000 | 3 DOG COTTAGES |
| 24 Feb 2023 | £549,630 | £550,000 | 2 FURNACE FARM COTTAGE FURNACE LANE |
| 20 Jul 2022 | £917,470 | £915,000 | HAMMERWOOD COTTAGE |
| 13 Jun 2022 | £2,213,785 | £2,182,500 | SONGHURST |
| 31 May 2022 | £907,092 | £890,000 | FERNS CANSIRON LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 12 Aug 2014. Using an estimated price of £740,866 means this house is valued at £9,621 per sq meter (£893 per sq foot).
The average size of a house on BUTCHERFIELD LANE is 191 sq meters (2,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cansiron Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Dec 2023 | Other theft | Local resolution | On or near Park/Open Space |