£473,415
This estimated value is based upon the latest sale price for the house of £410,000 on 30 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 |
|---|---|
| £410,000 | 30 Nov 2020 |
| £115,000 | 16 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £410,000 results in an estimated price of approximately £473,415.
| 30 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £410,000 | £63,415 | £473,415 |
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 | 15.272 % | £62,614 | £472,614 |
| 3 Month Average | 164.623 % | £674,954 | £1,084,954 |
| 6 Month Average | 65.661 % | £269,211 | £679,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £254,821 | £250,000 | 39 PEVENSEY BAY ROAD |
| 10 Nov 2023 | £314,031 | £310,000 | 53 GREAT CLIFFE ROAD |
| 29 Mar 2023 | £291,576 | £290,000 | 25 PEVENSEY BAY ROAD |
| 27 Jan 2023 | £341,996 | £345,000 | 80 GREAT CLIFFE ROAD |
| 10 Nov 2022 | £264,707 | £269,000 | 29 PRIORY ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 31 Jul 2020. Using an estimated price of £473,416 means this house is valued at £3,381 per sq meter (£314 per sq foot).
The average size of a house on MONARCH GARDENS is 125 sq meters (1,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Monarch Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Monarch Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Monarch Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sovereign Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Sovereign Close |