£450,344
This estimated value is based upon the latest sale price for the house of £277,500 on 4 Sep 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £277,500 | 4 Sep 2013 |
| £223,000 | 3 Nov 2006 |
| £157,950 | 31 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2013 the House Price Index for EAST SUSSEX was 90.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 62.286%.Applying this 62.286% change to the original purchase price of £277,500 results in an estimated price of approximately £450,344.
| 4 Sep 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 146.7 | 62.286 % | £277,500 | £172,844 | £450,344 |
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 | 67.155 % | £186,354 | £463,854 |
| 3 Month Average | 58.917 % | £163,495 | £440,995 |
| 6 Month Average | 64.099 % | £177,874 | £455,374 |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 21 May 2012.
The average size of a house on MADEIRA WAY is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Lucia Walk |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kingston Quay |
| Dec 2023 | Anti-social behaviour | On or near Jamaica Way | |
| Dec 2023 | Anti-social behaviour | On or near Jamaica Way | |
| Dec 2023 | Anti-social behaviour | On or near Jamaica Way |