£235,702
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £220,000 | 17 Dec 2021 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2021 the House Price Index for EAST SUSSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £220,000 results in an estimated price of approximately £235,702.
| 17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £220,000 | £15,702 | £235,702 |
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 | 10.640 % | £23,407 | £243,407 |
| 3 Month Average | 164.068 % | £360,949 | £580,949 |
| 6 Month Average | 52.972 % | £116,538 | £336,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £263,907 | £260,000 | 1 TENTERDEN CLOSE |
| 23 Jun 2023 | £241,931 | £239,000 | 20 LYDD CLOSE |
| 6 Jan 2023 | £258,781 | £260,000 | 13 LYDD CLOSE |
| 28 Oct 2022 | £286,911 | £290,000 | 5 BARMING CLOSE |
| 17 Aug 2022 | £281,243 | £282,000 | 9 LYDD CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 3 May 2012. Using an estimated price of £235,703 means this house is valued at £2,772 per sq meter (£257 per sq foot).
The average size of a house on FAVERSHAM ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Under investigation | On or near Faversham Road |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Faversham Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Faversham Road |
| Apr 2024 | Other theft | Under investigation | On or near Tenterden Close |
| Jan 2024 | Anti-social behaviour | On or near Tenterden Close |