£347,292
This estimated value is based upon the latest sale price for the house of £325,000 on 16 Jun 2021. 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 | 16 Jun 2021 |
| £44,000 | 31 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 June 2021 the House Price Index for EAST SUSSEX was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £325,000 results in an estimated price of approximately £347,292.
| 16 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £325,000 | £22,292 | £347,292 |
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 | 12.934 % | £42,036 | £367,036 |
| 3 Month Average | -10.390 % | £-33,768 | £291,231 |
| 6 Month Average | -6.289 % | £-20,440 | £304,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £234,435 | £230,000 | FLAT 3 1 ADELAIDE CRESCENT |
| 31 Jul 2023 | £1,514,325 | £1,500,000 | FLAT 4 4 - 5 PALMEIRA SQUARE |
| 28 Jul 2023 | £545,157 | £540,000 | FLAT 2 6 PALMEIRA AVENUE |
| 19 Apr 2023 | £3,234,037 | £3,210,000 | 8 ADELAIDE CRESCENT |
| 25 Aug 2022 | £1,241,611 | £1,250,000 | FLAT 6 18 - 19 ADELAIDE CRESCENT |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 3 Jul 2020. Using an estimated price of £347,292 means this house is valued at £6,809 per sq meter (£632 per sq foot).
The average size of a house on ADELAIDE CRESCENT is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Palmeira Square | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Palmeira Square |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Palmeira Square |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Palmeira Square |
| Mar 2024 | Anti-social behaviour | On or near Palmeira Square |