£330,675
This estimated value is based upon the latest sale price for the house of £286,000 on 9 Dec 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£286,000 | 9 Dec 2020 |
£247,500 | 30 Apr 2018 |
£149,950 | 27 Jun 2003 |
Semi-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 2020 the House Price Index for EAST SUSSEX was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £286,000 results in an estimated price of approximately £330,675.
9 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £286,000 | £44,675 | £330,675 |
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 | 27.072 % | £77,425 | £363,425 |
3 Month Average | 23.419 % | £66,979 | £352,979 |
6 Month Average | 19.605 % | £56,071 | £342,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Apr 2024 | £363,154 | £360,000 | 43 KING EDWARD AVENUE |
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 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 25 Feb 2018. Using an estimated price of £330,676 means this house is valued at £4,294 per sq meter (£398 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 |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Avenue |
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 |