£161,114
This estimated value is based upon the latest sale price for the house of £128,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £128,000 | 2 Feb 2018 |
| £67,000 | 6 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2018 the House Price Index for EAST SUSSEX was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £128,000 results in an estimated price of approximately £161,114.
| 2 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £128,000 | £33,114 | £161,114 |
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 | 49.076 % | £62,817 | £190,817 |
| 3 Month Average | 14.457 % | £18,505 | £146,505 |
| 6 Month Average | 19.609 % | £25,100 | £153,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £342,500 | £342,500 | 8 BRANSTON ROAD |
| 1 Nov 2023 | £279,084 | £272,000 | 55 PARKFIELD AVENUE |
| 18 Oct 2023 | £112,556 | £110,000 | 21 THE BROADWAY |
| 12 Sep 2023 | £163,607 | £160,000 | FLAT 1 MARTIN COURT LINDFIELD ROAD |
| 4 Aug 2023 | £285,143 | £280,000 | 23 LINDFIELD ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 5 Sep 2017. Using an estimated price of £161,115 means this house is valued at £2,730 per sq meter (£253 per sq foot).
The average size of a house on PARKFIELD AVENUE is 85 sq meters (925 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Broadway |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Broadway |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Broadway |
| Jul 2024 | Public order | Under investigation | On or near Lindfield Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lindfield Road |