£118,067
This estimated value is based upon the latest sale price for the house of £68,000 on 25 Nov 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £68,000 | 25 Nov 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 724 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 November 2011 the House Price Index for EAST SUSSEX was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £68,000 results in an estimated price of approximately £118,067.
| 25 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £68,000 | £50,067 | £118,067 |
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 | 109.913 % | £74,741 | £142,741 |
| 3 Month Average | 91.687 % | £62,346 | £130,346 |
| 6 Month Average | 82.332 % | £55,985 | £123,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £177,731 | £175,000 | FLAT 3 10 PELHAM CRESCENT |
| 15 Dec 2023 | £115,551 | £112,000 | FLAT 2 10 PELHAM CRESCENT |
| 14 Aug 2023 | £305,510 | £300,000 | 14 WELLINGTON SQUARE |
| 6 Feb 2023 | £201,345 | £200,000 | FLAT 2 10 WELLINGTON SQUARE |
| 5 Aug 2022 | £140,658 | £140,000 | FLAT 4 5 WELLINGTON SQUARE |
This house has a floor area of 67 sq meters or 724 sq feet when measured on 15 Jul 2011. Using an estimated price of £118,067 means this house is valued at £1,754 per sq meter (£162 per sq foot).
The average size of a house on CASTLE GARDENS is 47 sq meters (511 sq feet).
This house is the largest in the street with a floor area of 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Castle Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Castle Gardens |