£173,554
This estimated value is based upon the latest sale price for the house of £140,000 on 1 Aug 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £140,000 | 1 Aug 2019 |
| £125,000 | 26 Sep 2014 |
| £99,500 | 25 May 2004 |
| £47,500 | 3 May 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 August 2019 the House Price Index for EAST SUSSEX was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £140,000 results in an estimated price of approximately £173,554.
| 1 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £140,000 | £33,554 | £173,554 |
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 | 22.336 % | £31,270 | £171,270 |
| 3 Month Average | 36.374 % | £50,924 | £190,924 |
| 6 Month Average | 28.146 % | £39,403 | £179,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £177,731 | £175,000 | FLAT 3 10 PELHAM CRESCENT |
| 1 Mar 2024 | £355,461 | £350,000 | 54 CASTLE HILL ROAD |
| 15 Dec 2023 | £115,551 | £112,000 | FLAT 2 10 PELHAM CRESCENT |
| 4 Oct 2022 | £343,852 | £345,000 | 6 CASTLE CLIFF COTTAGES CASTLE HILL ROAD |
| 30 Jun 2022 | £166,049 | £162,500 | FLAT 2 8 PELHAM CRESCENT |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 18 Jul 2014. Using an estimated price of £173,554 means this house is valued at £3,155 per sq meter (£293 per sq foot).
The average size of a house on PELHAM CRESCENT is 48 sq meters (519 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Breeds Place | |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Breeds Place |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Breeds Place |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Breeds Place |
| Jun 2024 | Anti-social behaviour | On or near Breeds Place |