£340,530
This estimated value is based upon the latest sale price for the house of £260,000 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 24 Feb 2017 |
| £175,000 | 29 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 February 2017 the House Price Index for EAST SUSSEX was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £260,000 results in an estimated price of approximately £340,530.
| 24 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £260,000 | £80,530 | £340,530 |
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 | 60.992 % | £158,579 | £418,579 |
| 3 Month Average | 15.578 % | £40,501 | £300,501 |
| 6 Month Average | 24.832 % | £64,563 | £324,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £120,000 | £120,000 | FLAT 63 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 13 Dec 2023 | £147,533 | £143,000 | FLAT 18 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 30 Oct 2023 | £127,905 | £125,000 | FLAT 56 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 4 Sep 2023 | £92,029 | £90,000 | FLAT 42 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 15 Aug 2023 | £119,658 | £117,500 | FLAT 2 SOVEREIGN COURT, 21 WANNOCK ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 Oct 2016. Using an estimated price of £340,531 means this house is valued at £4,864 per sq meter (£451 per sq foot).
The average size of a house on SIDLEY ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Under investigation | On or near Beach Road |
| Jul 2024 | Other theft | Under investigation | On or near Sidley Road |
| Jun 2024 | Anti-social behaviour | On or near Sidley Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sidley Road |
| Jun 2024 | Anti-social behaviour | On or near Sidley Road |