£319,842
This estimated value is based upon the latest sale price for the house of £212,500 on 18 Sep 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £212,500 | 18 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2014 the House Price Index for EAST SUSSEX was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £212,500 results in an estimated price of approximately £319,842.
| 18 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £212,500 | £107,342 | £319,842 |
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 | 27.214 % | £57,829 | £270,329 |
| 3 Month Average | 5.264 % | £11,185 | £223,685 |
| 6 Month Average | 45.367 % | £96,404 | £308,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £626,004 | £618,000 | 8 ERIDGE GARDENS |
| 15 Jul 2022 | £476,282 | £475,000 | 6 SEFTON CHASE |
| 15 Jun 2022 | £441,236 | £435,000 | LITTLE LINDENS MILL CRESCENT |
| 27 May 2022 | £570,754 | £560,000 | 25 ERIDGE DRIVE |
| 3 Dec 2021 | £487,477 | £455,000 | 2 SEFTON WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 11 Mar 2014. Using an estimated price of £319,842 means this house is valued at £3,553 per sq meter (£330 per sq foot).
The average size of a house on ERIDGE ROAD is 119 sq meters (1,287 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jan 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jan 2024 | Anti-social behaviour | On or near Petrol Station |