£423,873
This estimated value is based upon the latest sale price for the house of £320,000 on 6 Oct 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £320,000 | 6 Oct 2016 |
| £225,000 | 3 Sep 2012 |
| £145,000 | 11 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2016 the House Price Index for EAST SUSSEX was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £320,000 results in an estimated price of approximately £423,873.
| 6 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £320,000 | £103,873 | £423,873 |
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 | -4.315 % | £-13,807 | £306,192 |
| 3 Month Average | -11.089 % | £-35,484 | £284,515 |
| 6 Month Average | 24.678 % | £78,968 | £398,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £436,462 | £430,000 | 8 SHAWFIELD |
| 21 Jul 2023 | £514,170 | £507,250 | 11 SHAWFIELD |
| 31 Jan 2023 | £373,242 | £375,000 | 38 NASSAU DRIVE |
| 6 Sep 2022 | £616,025 | £621,000 | 4 SHAWFIELD |
| 5 Aug 2022 | £427,948 | £429,100 | 28 ROCHESTER WAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 May 2012. Using an estimated price of £423,874 means this house is valued at £5,577 per sq meter (£518 per sq foot).
The average size of a house on ROCHESTER WAY is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rochester Way |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Shawfield |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Medway |
| Mar 2024 | Public order | Under investigation | On or near Medway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Medway |