£212,731
This estimated value is based upon the latest sale price for the house of £210,000 on 22 Nov 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £210,000 | 22 Nov 2023 |
| £170,000 | 6 Jul 2017 |
| £175,000 | 27 Feb 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2023 the House Price Index for EAST SUSSEX was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £210,000 results in an estimated price of approximately £212,731.
| 22 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £210,000 | £2,731 | £212,731 |
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 | -3.380 % | £-7,097 | £202,902 |
| 3 Month Average | 140.711 % | £295,492 | £505,492 |
| 6 Month Average | 48.964 % | £102,824 | £312,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £210,712 | £210,000 | 5 GRENADA CLOSE |
| 21 Dec 2023 | £275,207 | £270,000 | 75 DOMINICA COURT |
| 22 Nov 2023 | £212,731 | £210,000 | 42 MARTINIQUE WAY |
| 17 Aug 2023 | £292,277 | £290,500 | 73 DOMINICA COURT |
| 14 Jul 2023 | £252,387 | £250,000 | 9 GRENADA CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 Jun 2019. Using an estimated price of £212,731 means this house is valued at £3,128 per sq meter (£290 per sq foot).
The average size of a house on MARTINIQUE WAY is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Under investigation | On or near Grenada Close |
| Feb 2024 | Other theft | Under investigation | On or near Hudson Close |
| Apr 2024 | Anti-social behaviour | On or near Cabot Close | |
| Mar 2024 | Burglary | Under investigation | On or near Cabot Close |