£94,923
This estimated value is based upon the latest sale price for the house of £55,000 on 21 Apr 2011. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£55,000 | 21 Apr 2011 |
£11,500 | 7 Oct 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 April 2011 the House Price Index for EAST SUSSEX was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £55,000 results in an estimated price of approximately £94,923.
21 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 149.7 | 72.589 % | £55,000 | £39,923 | £94,923 |
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 | 150.246 % | £82,635 | £137,635 |
3 Month Average | 128.284 % | £70,556 | £125,556 |
6 Month Average | 100.457 % | £55,251 | £110,251 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £346,000 | £346,000 | 34 CAMBRIDGE GARDENS |
18 Aug 2023 | £124,241 | £122,000 | FLAT 1 3 CORNWALLIS GARDENS |
15 Jun 2023 | £229,601 | £225,000 | 28 CAMBRIDGE GARDENS |
4 Apr 2023 | £140,630 | £138,000 | FLAT 2 6 CORNWALLIS TERRACE |
3 Feb 2023 | £192,284 | £191,000 | FLAT 4 38 CAMBRIDGE GARDENS |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 1 Mar 2016. Using an estimated price of £94,924 means this house is valued at £2,373 per sq meter (£220 per sq foot).
The average size of a house on CORNWALLIS TERRACE is 57 sq meters (617 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Cornwallis Terrace |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Cornwallis Terrace |
Jun 2024 | Anti-social behaviour | On or near Cornwallis Terrace | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Cornwallis Terrace |
Jun 2024 | Anti-social behaviour | On or near Cornwallis Terrace |