£666,642
This estimated value is based upon the latest sale price for the house of £535,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £535,000 | 24 Aug 2018 |
| £460,000 | 15 Dec 2014 |
| £275,000 | 29 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 2018 the House Price Index for EAST SUSSEX was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £535,000 results in an estimated price of approximately £666,642.
| 24 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £535,000 | £131,642 | £666,642 |
The Postcode Pricing Model uses changes in average sales price within the TN6 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 | 18.232 % | £97,541 | £632,541 |
| 3 Month Average | 7.895 % | £42,237 | £577,237 |
| 6 Month Average | 8.026 % | £42,941 | £577,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £520,829 | £509,000 | 3 BARNFIELD |
| 6 Oct 2023 | £542,317 | £530,000 | 15 BARNFIELD |
| 20 Sep 2023 | £631,930 | £618,000 | 8 ERIDGE GARDENS |
| 15 Jul 2022 | £479,808 | £475,000 | 6 SEFTON CHASE |
| 27 May 2022 | £574,979 | £560,000 | 25 ERIDGE DRIVE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 11 Sep 2017. Using an estimated price of £666,642 means this house is valued at £4,597 per sq meter (£427 per sq foot).
The average size of a house on ERIDGE GARDENS is 125 sq meters (1,347 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Eridge Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Millbrook Road |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Millbrook Road |
| Oct 2024 | Public order | Under investigation | On or near Parking Area |
| Oct 2024 | Drugs | Under investigation | On or near Parking Area |