£350,778
This estimated value is based upon the latest sale price for the house of £340,000 on 4 Dec 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£340,000 | 4 Dec 2023 |
£257,500 | 19 Jun 2019 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 2023 the House Price Index for EAST SUSSEX was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £340,000 results in an estimated price of approximately £350,778.
4 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £340,000 | £10,778 | £350,778 |
The Postcode Pricing Model uses changes in average sales price within the TN22 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 | 33.716 % | £114,633 | £454,633 |
3 Month Average | 16.461 % | £55,968 | £395,968 |
6 Month Average | 8.506 % | £28,920 | £368,920 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £265,073 | £261,000 | 56 THE DRIVE |
4 Dec 2023 | £350,779 | £340,000 | 68 THE DRIVE |
6 Nov 2023 | £266,772 | £260,000 | 43 CAMPBELL CLOSE |
1 Nov 2023 | £357,064 | £348,000 | 93 THE DRIVE |
20 Oct 2022 | £151,494 | £152,000 | FLAT 24 MARGARET HOUSE LEALANDS DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Apr 2019. Using an estimated price of £350,779 means this house is valued at £5,158 per sq meter (£479 per sq foot).
The average size of a house on THE DRIVE is 89 sq meters (958 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor End |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manor End |
Oct 2024 | Public order | Under investigation | On or near Stoneway Court |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Lealands Drive |
Oct 2024 | Anti-social behaviour | On or near Manor Close |