£379,579
This estimated value is based upon the latest sale price for the house of £325,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £325,000 | 6 Nov 2020 |
| £47,950 | 21 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 November 2020 the House Price Index for EAST SUSSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £325,000 results in an estimated price of approximately £379,579.
| 6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £325,000 | £54,579 | £379,579 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 57.930 % | £188,270 | £513,270 |
| 3 Month Average | 7.153 % | £23,248 | £348,248 |
| 6 Month Average | 9.861 % | £32,047 | £357,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £293,981 | £287,500 | FLAT A3 HATFIELD COURT, 35 SALISBURY ROAD |
| 15 Jun 2023 | £382,669 | £375,000 | FLAT 16 THE ATHENAEUM, 32 SALISBURY ROAD |
| 22 Feb 2023 | £770,145 | £765,000 | GROUND FLOOR FLAT 19 PALMEIRA AVENUE |
| 27 Jan 2023 | £350,938 | £350,000 | 12 SANDRINGHAM LODGE, 23 PALMEIRA AVENUE |
| 27 Jan 2023 | £385,530 | £384,500 | FLAT 11 THE ATHENAEUM, 32 SALISBURY ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 18 Jun 2015. Using an estimated price of £379,579 means this house is valued at £5,839 per sq meter (£542 per sq foot).
The average size of a house on PALMEIRA AVENUE is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Salisbury Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |
| Jul 2024 | Drugs | Under investigation | On or near Salisbury Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |
| Jun 2024 | Anti-social behaviour | On or near Salisbury Road |