£370,812
This estimated value is based upon the latest sale price for the house of £310,000 on 1 Sep 2020. 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
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| Price Paid | Date |
|---|---|
| £310,000 | 1 Sep 2020 |
| £295,000 | 27 Jul 2015 |
| £73,000 | 3 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 September 2020 the House Price Index for EAST SUSSEX was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £310,000 results in an estimated price of approximately £370,812.
| 1 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £310,000 | £60,812 | £370,812 |
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 | -73.563 % | £-228,043 | £81,956 |
| 3 Month Average | -23.949 % | £-74,242 | £235,757 |
| 6 Month Average | -16.658 % | £-51,639 | £258,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £577,736 | £565,000 | 25 PARK CRESCENT |
| 9 Aug 2023 | £626,296 | £615,000 | 22 PARK CRESCENT |
| 21 Apr 2022 | £381,771 | £368,000 | 70 HARTFIELD ROAD |
| 5 Apr 2022 | £390,071 | £376,000 | WALTON COTTAGE, 53 HARTFIELD ROAD |
| 30 Mar 2022 | £393,563 | £377,000 | 55 HARTFIELD ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 18 Jun 2015. Using an estimated price of £370,813 means this house is valued at £6,180 per sq meter (£574 per sq foot).
The average size of a house on MEDWAY DRIVE is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Medway Drive |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Blacklands Crescent |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blacklands Crescent |
| Sep 2024 | Anti-social behaviour | On or near Hartfield Road | |
| Sep 2024 | Anti-social behaviour | On or near Hartfield Road |