£277,279
This estimated value is based upon the latest sale price for the house of £227,000 on 19 Nov 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £227,000 | 19 Nov 2019 |
| £142,000 | 14 Dec 2006 |
| 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 November 2019 the House Price Index for EAST SUSSEX was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £227,000 results in an estimated price of approximately £277,279.
| 19 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £227,000 | £50,279 | £277,279 |
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 | 15.723 % | £35,691 | £262,691 |
| 3 Month Average | 232.266 % | £527,243 | £754,243 |
| 6 Month Average | 77.741 % | £176,472 | £403,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £283,641 | £280,000 | 27 FRESHFORD CLOSE |
| 23 Jun 2023 | £240,954 | £239,000 | 20 LYDD CLOSE |
| 2 Feb 2023 | £109,482 | £110,000 | 2 RUXLEY COURT LANGNEY RISE |
| 24 Jan 2023 | £274,588 | £277,000 | 28 FRESHFORD CLOSE |
| 6 Jan 2023 | £257,736 | £260,000 | 13 LYDD CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Apr 2016. Using an estimated price of £277,279 means this house is valued at £3,262 per sq meter (£303 per sq foot).
The average size of a house on FAVERSHAM ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swanley Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hawkhurst Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hawkhurst Close |
| Apr 2024 | Other crime | Under investigation | On or near Bathford Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bathford Close |