£186,527
This estimated value is based upon the latest sale price for the house of £180,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £180,000 | 31 Mar 2022 |
| £138,000 | 10 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2022 the House Price Index for EAST SUSSEX was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £180,000 results in an estimated price of approximately £186,527.
| 31 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £180,000 | £6,527 | £186,527 |
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 | 16.902 % | £30,424 | £210,424 |
| 3 Month Average | 13.539 % | £24,369 | £204,369 |
| 6 Month Average | 11.514 % | £20,725 | £200,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £387,960 | £383,000 | 4 SIDLEY ROAD |
| 15 Aug 2023 | £118,537 | £117,500 | FLAT 2 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 4 Jul 2023 | £336,529 | £332,000 | 26 SIDLEY ROAD |
| 9 Jun 2023 | £159,431 | £157,500 | FLAT 7 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 31 Mar 2023 | £95,904 | £95,000 | FLAT 35 SOVEREIGN COURT, 21 WANNOCK ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Mar 2021. Using an estimated price of £186,527 means this house is valued at £3,161 per sq meter (£293 per sq foot).
The average size of a house on ROYAL PARADE is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Royal Parade | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Royal Parade |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Royal Parade |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Royal Parade |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |