£263,693
This estimated value is based upon the latest sale price for the house of £257,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £257,000 | 3 Nov 2023 |
| £89,000 | 20 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 566 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 November 2023 the House Price Index for EAST SUSSEX was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £257,000 results in an estimated price of approximately £263,693.
| 3 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £257,000 | £6,693 | £263,693 |
The Postcode Pricing Model uses changes in average sales price within the TN21 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 | -23.943 % | £-61,534 | £195,465 |
| 3 Month Average | -5.235 % | £-13,454 | £243,545 |
| 6 Month Average | 12.953 % | £33,288 | £290,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £263,694 | £257,000 | 45 FRENCHES FARM DRIVE |
| 30 Jun 2023 | £278,583 | £273,000 | 25 ALDER CLOSE |
| 2 Mar 2023 | £244,076 | £240,000 | 69 FRENCHES FARM DRIVE |
| 14 Oct 2022 | £229,234 | £230,000 | 11 ROWAN CLOSE |
| 18 Jul 2022 | £289,400 | £286,500 | 16 FRENCHES FARM DRIVE |
This house has a floor area of 52 sq meters or 566 sq feet when measured on 3 Jul 2009. Using an estimated price of £263,694 means this house is valued at £5,011 per sq meter (£465 per sq foot).
The average size of a house on FRENCHES FARM DRIVE is 64 sq meters (695 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Alder Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Alder Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alder Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Ghyll Road |
| Apr 2024 | Public order | Under investigation | On or near Rowan Close |