£274,815
This estimated value is based upon the latest sale price for the house of £275,000 on 9 Feb 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £275,000 | 9 Feb 2023 |
| £200,000 | 18 Jul 2013 |
| £189,950 | 5 Jan 2011 |
| £190,000 | 31 Aug 2006 |
| £150,000 | 12 May 2005 |
| £317,500 | 10 Dec 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 119 sq meters or 1,280 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 2023 the House Price Index for EAST SUSSEX was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £275,000 results in an estimated price of approximately £274,815.
| 9 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £275,000 | £-184 | £274,815 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | -39.348 % | £-108,206 | £166,793 |
| 3 Month Average | -9.489 % | £-26,094 | £248,905 |
| 6 Month Average | 3.996 % | £10,988 | £285,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £64,697 | £64,000 | FLAT 35 HOMELATCH HOUSE ST LEONARDS ROAD |
| 21 Mar 2023 | £136,284 | £135,000 | FLAT 2 SIA HOUSE, 30 THE AVENUE |
| 9 Feb 2023 | £274,815 | £275,000 | FLAT 5 SIA HOUSE, 30 THE AVENUE |
| 24 Nov 2022 | £82,995 | £84,000 | FLAT 1 HOMELATCH HOUSE ST LEONARDS ROAD |
| 10 Oct 2022 | £74,201 | £75,000 | FLAT 65 HOMEGATE HOUSE THE AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 2 Feb 2019. Using an estimated price of £274,815 means this house is valued at £2,309 per sq meter (£214 per sq foot).
The average size of a house on THE AVENUE is 58 sq meters (634 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near A2040 | |
| Feb 2024 | Anti-social behaviour | On or near A2040 | |
| Mar 2024 | Drugs | Under investigation | On or near Eversfield Road |
| Feb 2024 | Anti-social behaviour | On or near Eversfield Road | |
| Feb 2024 | Anti-social behaviour | On or near Eversfield Road |