£355,622
This estimated value is based upon the latest sale price for the house of £225,000 on 9 Aug 2007. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 9 Aug 2007 |
| £92,500 | 23 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2007 the House Price Index for EAST SUSSEX was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £225,000 results in an estimated price of approximately £355,622.
| 9 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £225,000 | £130,622 | £355,622 |
The Postcode Pricing Model uses changes in average sales price within the TN34 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 | 107.106 % | £240,988 | £465,988 |
| 3 Month Average | 111.575 % | £251,044 | £476,044 |
| 6 Month Average | 98.601 % | £221,852 | £446,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £611,284 | £592,500 | 57 MADEIRA DRIVE |
| 23 Nov 2023 | £312,944 | £305,000 | 28 BRIERS AVENUE |
| 9 Nov 2023 | £400,158 | £390,000 | 25 MADEIRA DRIVE |
| 4 Aug 2023 | £330,969 | £325,000 | 20 BRIERS AVENUE |
| 19 Jan 2023 | £381,018 | £380,000 | 31 MADEIRA DRIVE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 23 Jun 2017. Using an estimated price of £355,622 means this house is valued at £3,386 per sq meter (£314 per sq foot).
The average size of a house on MADEIRA DRIVE is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Briers Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Briers Gardens |
| Jul 2024 | Drugs | Offender given a caution | On or near Briers Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Briers Gardens |