£707,967
This estimated value is based upon the latest sale price for the house of £655,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Medway Drive
More crime details
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Price Paid | Date |
---|---|
£655,000 | 25 Jun 2021 |
£220,000 | 15 Feb 2000 |
Detached |
Freehold |
Floor Area: 139 sq meters or 1,496 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 June 2021 the House Price Index for EAST SUSSEX was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £655,000 results in an estimated price of approximately £707,967.
25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £655,000 | £52,967 | £707,967 |
The Postcode Pricing Model uses changes in average sales price within the RH18 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 | -77.768 % | £-509,378 | £145,621 |
3 Month Average | -48.510 % | £-317,741 | £337,258 |
6 Month Average | -49.626 % | £-325,047 | £329,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £458,076 | £444,000 | 46 MEDWAY DRIVE |
7 Dec 2023 | £226,974 | £220,000 | 2 STONEPARK DRIVE |
29 Sep 2023 | £577,736 | £565,000 | 25 PARK CRESCENT |
9 Aug 2023 | £626,296 | £615,000 | 22 PARK CRESCENT |
4 Mar 2022 | £396,695 | £380,000 | 14 MEDWAY DRIVE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 29 May 2021. Using an estimated price of £707,968 means this house is valued at £5,093 per sq meter (£473 per sq foot).
The average size of a house on HARTFIELD ROAD is 91 sq meters (982 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Medway Drive |
Sep 2024 | Anti-social behaviour | On or near Hartfield Road | |
Sep 2024 | Anti-social behaviour | On or near Hartfield Road | |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Ashdown Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Deerhurst Park |