£275,238
This estimated value is based upon the latest sale price for the house of £224,000 on 16 Jan 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £224,000 | 16 Jan 2020 |
| £185,000 | 15 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 January 2020 the House Price Index for EAST SUSSEX was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £224,000 results in an estimated price of approximately £275,238.
| 16 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £224,000 | £51,238 | £275,238 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 16.304 % | £36,521 | £260,521 |
| 3 Month Average | 5.527 % | £12,379 | £236,379 |
| 6 Month Average | 59.185 % | £132,574 | £356,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £282,162 | £275,000 | 18 AREQUIPA REEF |
| 28 Sep 2023 | £281,199 | £275,000 | 214 MACQUARIE QUAY |
| 13 Apr 2023 | £407,624 | £400,000 | 25 MACQUARIE QUAY |
| 14 Feb 2023 | £206,379 | £205,000 | 224 MACQUARIE QUAY |
| 24 Jun 2022 | £362,754 | £355,000 | 16 MACQUARIE QUAY |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 28 Mar 2019. Using an estimated price of £275,238 means this house is valued at £3,988 per sq meter (£370 per sq foot).
The average size of a house on AREQUIPA REEF is 79 sq meters (852 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Under investigation | On or near Callao Quay |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Macquarie Quay |
| Jul 2024 | Anti-social behaviour | On or near Macquarie Quay | |
| Jul 2024 | Anti-social behaviour | On or near Macquarie Quay | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Macquarie Quay |