£341,878
This estimated value is based upon the latest sale price for the house of £285,000 on 11 Mar 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 11 Mar 2020 |
| £230,000 | 22 Dec 2015 |
| £132,500 | 23 Oct 2002 |
| £78,760 | 18 May 2000 |
| £37,000 | 23 May 1997 |
| £33,500 | 13 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 March 2020 the House Price Index for EAST SUSSEX was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £285,000 results in an estimated price of approximately £341,878.
| 11 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £285,000 | £56,878 | £341,878 |
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 | -9.408 % | £-26,813 | £258,186 |
| 3 Month Average | 11.526 % | £32,848 | £317,848 |
| 6 Month Average | 7.625 % | £21,731 | £306,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £360,630 | £356,000 | FLAT 5 9 SECOND AVENUE |
| 19 Jun 2023 | £373,025 | £370,000 | FLAT 5 MALVERN HOUSE, 8 SECOND AVENUE |
| 28 Apr 2023 | £805,991 | £800,000 | HOVE PLACE BARS 35 - 37 FIRST AVENUE |
| 11 Apr 2023 | £312,321 | £310,000 | 14B SECOND AVENUE |
| 31 Mar 2023 | £412,228 | £410,000 | FLAT 2 MALVERN HOUSE, 8 SECOND AVENUE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 26 Feb 2015. Using an estimated price of £341,879 means this house is valued at £7,769 per sq meter (£721 per sq foot).
The average size of a house on SECOND AVENUE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Second Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Mar 2024 | Public order | Under investigation | On or near Second Avenue |