£343,534
This estimated value is based upon the latest sale price for the house of £61,450 on 7 Aug 1996. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £61,450 | 7 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 1996 the House Price Index for EAST SUSSEX was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £61,450 results in an estimated price of approximately £343,534.
| 7 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 149.7 | 459.047 % | £61,450 | £282,084 | £343,534 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 778.598 % | £478,448 | £539,898 |
| 3 Month Average | 700.260 % | £430,309 | £491,759 |
| 6 Month Average | 724.189 % | £445,014 | £506,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £440,000 | £440,000 | 6 MAPLE GARDENS |
| 27 Mar 2024 | £477,334 | £470,000 | 43 ELM DRIVE |
| 22 Sep 2023 | £465,256 | £455,000 | 18 WAYFIELD AVENUE |
| 24 Feb 2023 | £684,573 | £680,000 | 18 MAPLE GARDENS |
| 29 Nov 2022 | £703,709 | £707,000 | 8 ELM DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 4 Feb 2019. Using an estimated price of £343,534 means this house is valued at £4,041 per sq meter (£375 per sq foot).
The average size of a house on ELM DRIVE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wayfield Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Maple Gardens |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Maple Gardens |
| Oct 2024 | Public order | Under investigation | On or near Wayfield Close |
| Sep 2024 | Anti-social behaviour | On or near Wayfield Close |