£396,694
This estimated value is based upon the latest sale price for the house of £380,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£380,000 | 4 Mar 2022 |
£305,000 | 23 Sep 2016 |
£163,000 | 27 Feb 2004 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 March 2022 the House Price Index for EAST SUSSEX was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £380,000 results in an estimated price of approximately £396,694.
4 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £380,000 | £16,694 | £396,694 |
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 | -54.605 % | £-207,499 | £172,500 |
3 Month Average | -19.874 % | £-75,521 | £304,478 |
6 Month Average | -4.979 % | £-18,921 | £361,078 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £458,076 | £444,000 | 46 MEDWAY DRIVE |
7 Dec 2023 | £226,974 | £220,000 | 2 STONEPARK DRIVE |
31 Aug 2023 | £453,173 | £445,000 | 21 ASHDOWN CLOSE |
4 Mar 2022 | £396,695 | £380,000 | 14 MEDWAY DRIVE |
30 Sep 2021 | £863,028 | £795,000 | 76 HARTFIELD ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Sep 2018. Using an estimated price of £396,695 means this house is valued at £4,958 per sq meter (£460 per sq foot).
The average size of a house on MEDWAY DRIVE is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Hartfield Road | |
Sep 2024 | Anti-social behaviour | On or near Hartfield Road | |
Oct 2024 | Burglary | Under investigation | On or near Medway Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Stonedene Close |
Aug 2024 | Vehicle crime | Awaiting court outcome | On or near Stonedene Close |