£189,685
This estimated value is based upon the latest sale price for the house of £122,500 on 4 Jun 2014. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £122,500 | 4 Jun 2014 |
| £110,000 | 3 Mar 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 663 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 June 2014 the House Price Index for EAST SUSSEX was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £122,500 results in an estimated price of approximately £189,685.
| 4 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £122,500 | £67,185 | £189,685 |
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 | 52.298 % | £64,065 | £186,565 |
| 3 Month Average | 43.692 % | £53,522 | £176,022 |
| 6 Month Average | 54.567 % | £66,844 | £189,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £337,439 | £330,000 | 44 BEACH ROAD |
| 4 Sep 2023 | £92,029 | £90,000 | FLAT 42 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 1 Sep 2023 | £391,633 | £383,000 | 4 SIDLEY ROAD |
| 15 Aug 2023 | £119,658 | £117,500 | FLAT 2 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 9 Jun 2023 | £160,721 | £157,500 | FLAT 7 SOVEREIGN COURT, 21 WANNOCK ROAD |
This house has a floor area of 61 sq meters or 663 sq feet when measured on 17 Mar 2010. Using an estimated price of £189,685 means this house is valued at £3,078 per sq meter (£285 per sq foot).
The average size of a house on ROYAL PARADE is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Under investigation | On or near Royal Parade |
| Jul 2024 | Bicycle theft | Under investigation | On or near Beach Road |
| Jul 2024 | Burglary | Under investigation | On or near Parking Area |
| Jun 2024 | Public order | Under investigation | On or near Parking Area |
| May 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |