£258,510
This estimated value is based upon the latest sale price for the house of £207,500 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Marine Road
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| Price Paid | Date |
|---|---|
| £207,500 | 5 Apr 2019 |
| £170,000 | 18 Sep 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 2019 the House Price Index for EAST SUSSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £207,500 results in an estimated price of approximately £258,510.
| 5 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £207,500 | £51,010 | £258,510 |
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 | 36.086 % | £74,879 | £282,379 |
| 3 Month Average | 11.639 % | £24,151 | £231,651 |
| 6 Month Average | 16.257 % | £33,733 | £241,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £66,014 | £65,000 | 63 SEASIDE |
| 6 Oct 2023 | £214,880 | £210,000 | 6 BURFIELD ROAD |
| 6 Oct 2023 | £286,507 | £280,000 | FLAT 28 METROPOLE COURT ROYAL PARADE |
| 12 Apr 2023 | £504,435 | £495,000 | 7 MARINE ROAD |
| 17 Mar 2023 | £422,048 | £415,000 | 4 MARINE ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 1 Aug 2019. Using an estimated price of £258,511 means this house is valued at £2,779 per sq meter (£258 per sq foot).
The average size of a house on ROYAL PARADE is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Marine Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Marine Road |
| Jul 2024 | Anti-social behaviour | On or near Marine Road | |
| Jul 2024 | Burglary | Under investigation | On or near Marine Road |
| Jul 2024 | Anti-social behaviour | On or near Marine Road |