£237,447
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £220,000 | 17 Dec 2021 |
| Terraced |
| 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 December 2021 the House Price Index for EAST SUSSEX was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £220,000 results in an estimated price of approximately £237,447.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £220,000 | £17,447 | £237,447 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 4.298 % | £9,455 | £229,455 |
| 3 Month Average | 15.907 % | £34,994 | £254,994 |
| 6 Month Average | 4.802 % | £10,564 | £230,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £260,000 | £260,000 | 5 GOUDHURST CLOSE |
| 22 Nov 2023 | £266,772 | £260,000 | 1 TENTERDEN CLOSE |
| 9 Oct 2023 | £250,694 | £245,000 | 5 HAWKHURST CLOSE |
| 23 Jun 2023 | £243,888 | £239,000 | 20 LYDD CLOSE |
| 6 Jan 2023 | £260,697 | £260,000 | 13 LYDD CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 3 May 2012. Using an estimated price of £237,448 means this house is valued at £2,793 per sq meter (£259 per sq foot).
The average size of a house on FAVERSHAM ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenterden Close |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Oct 2024 | Other theft | Under investigation | On or near Parking Area |