£2,598,304
This estimated value is based upon the latest sale price for the house of £2,050,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £2,050,000 | 29 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 492 sq meters or 5,295 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in September 2017 the House Price Index for KENT was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £2,050,000 results in an estimated price of approximately £2,598,304.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £2,050,000 | £548,304 | £2,598,304 |
The Postcode Pricing Model uses changes in average sales price within the TN2 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 | 27.357 % | £560,816 | £2,610,816 |
| 3 Month Average | -4.469 % | £-91,617 | £1,958,382 |
| 6 Month Average | 11.961 % | £245,194 | £2,295,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £1,766,644 | £1,750,000 | FLAT 1 52 MADEIRA PARK |
| 17 Mar 2023 | £1,388,077 | £1,375,000 | 12 MADEIRA PARK |
| 29 Nov 2022 | £1,259,741 | £1,275,000 | 61 MADEIRA PARK |
| 25 Oct 2022 | £1,261,418 | £1,275,000 | FIVE OAKS RODMELL ROAD |
| 16 May 2022 | £356,722 | £350,000 | 3 RODMELL HOUSE RODMELL ROAD |
This house has a floor area of 492 sq meters or 5,295 sq feet when measured on 11 Nov 2021. Using an estimated price of £2,598,304 means this house is valued at £5,281 per sq meter (£490 per sq foot).
The average size of a house on BLATCHINGTON ROAD is 283 sq meters (3,049 sq feet).
This house is the largest in the street with a floor area of 492 sq meters (5,295 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blatchington Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madeira Park |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Rodmell Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roedean Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Drive |