£474,182
This estimated value is based upon the latest sale price for the house of £350,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 8 Jan 2016 |
| £245,000 | 25 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,096 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 January 2016 the House Price Index for EAST SUSSEX was 108.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 35.481%.Applying this 35.481% change to the original purchase price of £350,000 results in an estimated price of approximately £474,182.
| 8 Jan 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 146.7 | 35.481 % | £350,000 | £124,182 | £474,182 |
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 | 46.103 % | £161,360 | £511,360 |
| 3 Month Average | 43.554 % | £152,440 | £502,440 |
| 6 Month Average | 47.825 % | £167,387 | £517,387 |
This house has a floor area of 101 sq meters or 1,096 sq feet when measured on 18 May 2011.
The average size of a house on MADEIRA WAY is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Santos Wharf | |
| Mar 2024 | Other theft | Under investigation | On or near Santos Wharf |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Havana Court |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Havana Court |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kingston Quay |