£351,094
This estimated value is based upon the latest sale price for the house of £288,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £288,000 | 21 Sep 2018 |
| £205,000 | 31 Jul 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2018 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.908%.Applying this 21.908% change to the original purchase price of £288,000 results in an estimated price of approximately £351,094.
| 21 Sep 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.908 % | £288,000 | £63,094 | £351,094 |
The Postcode Pricing Model uses changes in average sales price within the TN34 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 | 65.650 % | £189,071 | £477,071 |
| 3 Month Average | 11.291 % | £32,518 | £320,518 |
| 6 Month Average | 35.080 % | £101,030 | £389,030 |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 4 Apr 2017.
The average size of a house on MADEIRA DRIVE is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Briers Gardens |
| Feb 2024 | Public order | Under investigation | On or near Briers Gardens |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Briers Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Briers Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Crescent |