£386,944
This estimated value is based upon the latest sale price for the house of £320,000 on 23 Jul 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 23 Jul 2020 |
| £200,000 | 18 Feb 2011 |
| £75,000 | 10 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 July 2020 the House Price Index for EAST SUSSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £320,000 results in an estimated price of approximately £386,944.
| 23 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £320,000 | £66,944 | £386,944 |
The Postcode Pricing Model uses changes in average sales price within the RH18 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 | 525.000 % | £1,680,000 | £2,000,000 |
| 3 Month Average | 54.717 % | £175,095 | £495,095 |
| 6 Month Average | 4.570 % | £14,624 | £334,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £572,318 | £565,000 | 25 PARK CRESCENT |
| 9 Aug 2023 | £620,428 | £615,000 | 22 PARK CRESCENT |
| 3 Jul 2023 | £476,412 | £470,000 | 71A HARTFIELD ROAD |
| 21 Apr 2022 | £378,966 | £368,000 | 70 HARTFIELD ROAD |
| 5 Apr 2022 | £387,204 | £376,000 | WALTON COTTAGE, 53 HARTFIELD ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 25 Oct 2018. Using an estimated price of £386,945 means this house is valued at £5,953 per sq meter (£553 per sq foot).
The average size of a house on MEDWAY DRIVE is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Hartfield Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stonedene Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Shalesbrook Lane |