£279,084
This estimated value is based upon the latest sale price for the house of £272,000 on 1 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 |
|---|---|
| £272,000 | 1 Nov 2023 |
| £143,333 | 19 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £272,000 results in an estimated price of approximately £279,084.
| 1 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £272,000 | £7,084 | £279,084 |
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 | -16.591 % | £-45,127 | £226,872 |
| 3 Month Average | -8.084 % | £-21,988 | £250,011 |
| 6 Month Average | -1.942 % | £-5,281 | £266,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £141,859 | £137,500 | FLAT 19 ARGYLL COURT FAYGATE ROAD |
| 1 Nov 2023 | £279,084 | £272,000 | 55 PARKFIELD AVENUE |
| 15 Jun 2023 | £114,290 | £112,000 | FLAT 12 ARGYLL COURT FAYGATE ROAD |
| 26 Apr 2023 | £606,341 | £595,000 | 70 BRASSEY AVENUE |
| 6 Apr 2023 | £412,720 | £405,000 | 15 FIRWOOD CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 27 Sep 2016. Using an estimated price of £279,084 means this house is valued at £3,876 per sq meter (£360 per sq foot).
The average size of a house on PARKFIELD AVENUE is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parkfield Avenue |
| Sep 2024 | Anti-social behaviour | On or near Parkfield Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Parkfield Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Parkfield Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Parkfield Avenue |