£313,559
This estimated value is based upon the latest sale price for the house of £312,500 on 8 Mar 2024. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £312,500 | 8 Mar 2024 |
| £270,000 | 12 Sep 2017 |
| 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 2024 the House Price Index for EAST SUSSEX was 147.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.339%.Applying this 0.339% change to the original purchase price of £312,500 results in an estimated price of approximately £313,559.
| 8 Mar 2024 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.5 | 148.0 | 0.339 % | £312,500 | £1,059 | £313,559 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | -9.138 % | £-28,557 | £283,942 |
| 3 Month Average | -8.932 % | £-27,913 | £284,586 |
| 6 Month Average | -4.586 % | £-14,331 | £298,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £313,559 | £312,500 | 5 MEDWAY |
| 8 Dec 2023 | £366,942 | £360,000 | 74 ANGLESEY AVENUE |
| 17 Aug 2023 | £309,381 | £307,500 | 19 FAIRISLE CLOSE |
| 9 Jun 2023 | £181,471 | £180,000 | 75A ANGLESEY AVENUE |
| 1 Mar 2023 | £216,168 | £215,000 | 73 ANGLESEY AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 29 Apr 2013. Using an estimated price of £313,559 means this house is valued at £3,919 per sq meter (£364 per sq foot).
The average size of a house on MEDWAY is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Arran Close |
| Mar 2024 | Anti-social behaviour | On or near Cromer Way | |
| Mar 2024 | Anti-social behaviour | On or near Cromer Way | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromer Way |
| Apr 2024 | Burglary | Under investigation | On or near Stroma Gardens |