£116,573
This estimated value is based upon the latest sale price for the house of £24,000 on 5 Jan 1998. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £24,000 | 5 Jan 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 1998 the House Price Index for EAST SUSSEX was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £24,000 results in an estimated price of approximately £116,573.
| 5 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 149.7 | 385.724 % | £24,000 | £92,573 | £116,573 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 414.799 % | £99,551 | £123,551 |
| 3 Month Average | 376.199 % | £90,287 | £114,287 |
| 6 Month Average | 400.664 % | £96,159 | £120,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £240,698 | £237,000 | 30 CAMBRIDGE ROAD |
| 4 Aug 2022 | £276,292 | £275,000 | 9 SPRINGFIELD ROAD |
| 29 Jul 2022 | £257,581 | £255,000 | 6 SPRINGFIELD ROAD |
| 11 May 2022 | £225,885 | £220,000 | 5 SPRINGFIELD ROAD |
| 18 Jan 2022 | £307,404 | £289,950 | 24 CAMBRIDGE ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 19 Jul 2021. Using an estimated price of £116,574 means this house is valued at £2,379 per sq meter (£221 per sq foot).
The average size of a house on SEASIDE is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Hanover Road | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hanover Road |
| Jul 2024 | Anti-social behaviour | On or near Hanover Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hanover Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Hanover Road |