£464,356
This estimated value is based upon the latest sale price for the house of £285,000 on 30 Mar 2007. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 30 Mar 2007 |
| £114,000 | 28 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 March 2007 the House Price Index for EAST SUSSEX was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £285,000 results in an estimated price of approximately £464,356.
| 30 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £285,000 | £179,356 | £464,356 |
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 | 88.665 % | £252,694 | £537,694 |
| 3 Month Average | 61.366 % | £174,893 | £459,893 |
| 6 Month Average | 64.703 % | £184,403 | £469,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £382,618 | £374,950 | 43 DESMOND ROAD |
| 13 Jun 2022 | £301,444 | £295,000 | 16 WANNOCK ROAD |
| 6 May 2022 | £374,763 | £365,000 | 12 DESMOND ROAD |
| 28 Apr 2022 | £363,098 | £350,000 | 24 DESMOND ROAD |
| 7 Jan 2022 | £397,574 | £375,000 | 11 DESMOND ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 16 Jun 2016. Using an estimated price of £464,356 means this house is valued at £2,764 per sq meter (£256 per sq foot).
The average size of a house on ROYAL PARADE is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Penhale Road |
| Jun 2024 | Other theft | Under investigation | On or near Penhale Road |
| Jul 2024 | Public order | Under investigation | On or near Desmond Road |
| Jul 2024 | Drugs | Under investigation | On or near Desmond Road |
| Jul 2024 | Drugs | Under investigation | On or near Desmond Road |