£344,779
This estimated value is based upon the latest sale price for the house of £300,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £300,000 | 30 Jul 2021 |
| £285,000 | 13 Dec 2016 |
| £215,000 | 30 Nov 2007 |
| £94,000 | 29 Oct 1999 |
| £60,000 | 25 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2021 the House Price Index for EAST SUSSEX was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £300,000 results in an estimated price of approximately £344,779.
| 30 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £300,000 | £44,779 | £344,779 |
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 | -2.291 % | £-6,873 | £293,126 |
| 3 Month Average | -28.114 % | £-84,341 | £215,658 |
| 6 Month Average | -5.348 % | £-16,044 | £283,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £294,358 | £290,000 | FLAT 4 HOLMES PLACE CROWBOROUGH HILL |
| 20 Sep 2023 | £626,004 | £618,000 | 8 ERIDGE GARDENS |
| 2 Aug 2023 | £484,236 | £480,000 | 4 MILLBROOK ROAD |
| 15 Jul 2022 | £476,282 | £475,000 | 6 SEFTON CHASE |
| 15 Jun 2022 | £441,236 | £435,000 | LITTLE LINDENS MILL CRESCENT |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Jul 2016. Using an estimated price of £344,780 means this house is valued at £5,387 per sq meter (£500 per sq foot).
The average size of a house on ERIDGE DRIVE is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sussex View Close |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Sussex View Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Park Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Park Road |
| Jan 2024 | Anti-social behaviour | On or near Petrol Station |