£194,248
This estimated value is based upon the latest sale price for the house of £107,000 on 21 Dec 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Marine Road
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Price Paid | Date |
---|---|
£107,000 | 21 Dec 2005 |
£108,000 | 7 Jul 2005 |
£103,000 | 19 May 2005 |
£76,000 | 22 Apr 2002 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 December 2005 the House Price Index for EAST SUSSEX was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £107,000 results in an estimated price of approximately £194,248.
21 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £107,000 | £87,248 | £194,248 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 85.527 % | £91,513 | £198,513 |
3 Month Average | 61.046 % | £65,319 | £172,319 |
6 Month Average | 75.705 % | £81,004 | £188,004 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £66,014 | £65,000 | 63 SEASIDE |
6 Oct 2023 | £214,880 | £210,000 | 6 BURFIELD ROAD |
6 Oct 2023 | £286,507 | £280,000 | FLAT 28 METROPOLE COURT ROYAL PARADE |
12 Apr 2023 | £504,435 | £495,000 | 7 MARINE ROAD |
17 Mar 2023 | £422,048 | £415,000 | 4 MARINE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 29 Oct 2013. Using an estimated price of £194,249 means this house is valued at £2,285 per sq meter (£212 per sq foot).
The average size of a house on MARINE ROAD is 104 sq meters (1,128 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Marine Road |
Jul 2024 | Anti-social behaviour | On or near Marine Road | |
Jul 2024 | Burglary | Under investigation | On or near Marine Road |
Jul 2024 | Anti-social behaviour | On or near Marine Road | |
Jul 2024 | Vehicle crime | Under investigation | On or near Marine Road |