£373,781
This estimated value is based upon the latest sale price for the house of £287,500 on 7 Feb 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £287,500 | 7 Feb 2017 |
| £245,000 | 11 Feb 2014 |
| £92,500 | 13 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 February 2017 the House Price Index for EAST SUSSEX was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £287,500 results in an estimated price of approximately £373,781.
| 7 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £287,500 | £86,281 | £373,781 |
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 | 54.434 % | £156,499 | £443,999 |
| 3 Month Average | 22.317 % | £64,161 | £351,661 |
| 6 Month Average | 28.201 % | £81,076 | £368,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £603,051 | £592,500 | 57 MADEIRA DRIVE |
| 9 Nov 2023 | £395,861 | £390,000 | 25 MADEIRA DRIVE |
| 19 Jan 2023 | £378,218 | £380,000 | 31 MADEIRA DRIVE |
| 12 Oct 2022 | £331,431 | £335,000 | 14 MADEIRA DRIVE |
| 20 Jun 2022 | £390,519 | £385,000 | 10 MADEIRA DRIVE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 22 Dec 2018. Using an estimated price of £373,782 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on KING EDWARD AVENUE is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Crescent |
| Mar 2024 | Drugs | Under investigation | On or near Briers Gardens |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Briers Gardens |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Briers Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Normandy Road |