£635,274
This estimated value is based upon the latest sale price for the house of £156,500 on 10 Dec 1999. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Medway Drive
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| Price Paid | Date |
|---|---|
| £156,500 | 10 Dec 1999 |
| £125,000 | 1 May 1998 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 1999 the House Price Index for EAST SUSSEX was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £156,500 results in an estimated price of approximately £635,274.
| 10 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 149.7 | 305.926 % | £156,500 | £478,774 | £635,274 |
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 | -19.362 % | £-30,300 | £126,199 |
| 3 Month Average | 137.923 % | £215,850 | £372,350 |
| 6 Month Average | 171.175 % | £267,889 | £424,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £577,736 | £565,000 | 25 PARK CRESCENT |
| 9 Aug 2023 | £626,296 | £615,000 | 22 PARK CRESCENT |
| 21 Apr 2022 | £381,771 | £368,000 | 70 HARTFIELD ROAD |
| 5 Apr 2022 | £390,071 | £376,000 | WALTON COTTAGE, 53 HARTFIELD ROAD |
| 30 Mar 2022 | £393,563 | £377,000 | 55 HARTFIELD ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 May 2015. Using an estimated price of £635,274 means this house is valued at £9,206 per sq meter (£855 per sq foot).
The average size of a house on MEDWAY DRIVE is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Medway Drive |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Blacklands Crescent |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blacklands Crescent |
| Sep 2024 | Anti-social behaviour | On or near Hartfield Road | |
| Sep 2024 | Anti-social behaviour | On or near Hartfield Road |