£529,272
This estimated value is based upon the latest sale price for the house of £365,000 on 9 Jul 2015. 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 |
|---|---|
| £365,000 | 9 Jul 2015 |
| £248,000 | 30 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 July 2015 the House Price Index for EAST SUSSEX was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £365,000 results in an estimated price of approximately £529,272.
| 9 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £365,000 | £164,272 | £529,272 |
The Postcode Pricing Model uses changes in average sales price within the TN6 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 | 26.693 % | £97,431 | £462,431 |
| 3 Month Average | 18.988 % | £69,307 | £434,307 |
| 6 Month Average | 25.229 % | £92,085 | £457,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2024 | £375,000 | £375,000 | EIGER LODGE ROCHESTER WAY |
| 22 Mar 2024 | £401,163 | £395,000 | 3 NASSAU DRIVE |
| 31 Jan 2023 | £376,005 | £375,000 | 38 NASSAU DRIVE |
| 25 Jul 2022 | £429,302 | £425,000 | 24 ROCHESTER WAY |
| 10 Feb 2022 | £464,841 | £440,000 | 15 HILLRISE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 16 Apr 2015. Using an estimated price of £529,272 means this house is valued at £5,089 per sq meter (£472 per sq foot).
The average size of a house on MEDWAY is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Nassau Drive |
| Jul 2024 | Other theft | Local resolution | On or near Nassau Drive |
| Jul 2024 | Other theft | Local resolution | On or near Nassau Drive |
| Jul 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Nassau Drive |
| Aug 2024 | Anti-social behaviour | On or near Medway |