£424,009
This estimated value is based upon the latest sale price for the house of £280,000 on 6 Aug 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £280,000 | 6 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 August 2014 the House Price Index for EAST SUSSEX was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £280,000 results in an estimated price of approximately £424,009.
| 6 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £280,000 | £144,009 | £424,009 |
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 | 34.078 % | £95,418 | £375,418 |
| 3 Month Average | 15.046 % | £42,128 | £322,128 |
| 6 Month Average | 49.358 % | £138,202 | £418,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £368,973 | £365,000 | 34A MEDWAY |
| 30 Jun 2022 | £314,444 | £310,000 | 19C MEDWAY |
| 4 Mar 2022 | £466,318 | £450,000 | 20 MEDWAY |
| 18 Dec 2020 | £441,870 | £385,000 | 38 ROCHESTER WAY |
| 14 Dec 2020 | £378,745 | £330,000 | 21D MEDWAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Feb 2015. Using an estimated price of £424,009 means this house is valued at £5,108 per sq meter (£474 per sq foot).
The average size of a house on MEDWAY is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Medway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Medway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Medway |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Medway |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rochester Way |