£321,216
This estimated value is based upon the latest sale price for the house of £242,500 on 19 Oct 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£242,500 | 19 Oct 2016 |
£32,000 | 11 Jan 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 October 2016 the House Price Index for EAST SUSSEX was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £242,500 results in an estimated price of approximately £321,216.
19 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £242,500 | £78,716 | £321,216 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 21.839 % | £52,959 | £295,459 |
3 Month Average | 25.645 % | £62,188 | £304,688 |
6 Month Average | 22.131 % | £53,668 | £296,168 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £506,729 | £500,250 | 9 CUMBERLAND LODGE CUMBERLAND ROAD |
24 Mar 2023 | £317,996 | £315,000 | 4 CUMBERLAND LODGE CUMBERLAND ROAD |
27 Jan 2023 | £423,007 | £425,000 | 3 CUMBERLAND LODGE CUMBERLAND ROAD |
10 Feb 2022 | £335,582 | £320,000 | FLAT 7 CENTENARY HOUSE CUMBERLAND ROAD |
8 Feb 2022 | £330,339 | £315,000 | FLAT 12A SHAWCROSS HOUSE, 235 - 237 PRESTON ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 15 Aug 2014. Using an estimated price of £321,217 means this house is valued at £6,177 per sq meter (£573 per sq foot).
The average size of a house on CUMBERLAND ROAD is 79 sq meters (857 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Cumberland Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cumberland Road |
Mar 2024 | Anti-social behaviour | On or near Cumberland Drive | |
Mar 2024 | Anti-social behaviour | On or near Cumberland Drive | |
Mar 2024 | Anti-social behaviour | On or near Cumberland Drive |