£335,315
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Aug 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £250,000 | 23 Aug 2016 |
| £249,999 | 29 Aug 2014 |
| £225,000 | 29 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 August 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £250,000 results in an estimated price of approximately £335,315.
| 23 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £250,000 | £85,315 | £335,315 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | 15.812 % | £39,528 | £289,528 |
| 3 Month Average | 22.953 % | £57,381 | £307,381 |
| 6 Month Average | 33.079 % | £82,698 | £332,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £304,681 | £300,000 | FLAT 14 DEVONSHIRE MANSIONS, 54 GRAND PARADE |
| 10 Nov 2023 | £205,209 | £200,000 | FLAT 48 DEVONSHIRE MANSIONS, 54 GRAND PARADE |
| 19 Apr 2022 | £259,304 | £249,950 | FLAT 13 HOWARD HOUSE, 7 - 8 HOWARD SQUARE |
| 18 Mar 2022 | £339,278 | £325,000 | FLAT 54 DEVONSHIRE MANSIONS, 54 GRAND PARADE |
| 17 Jan 2022 | £166,981 | £157,500 | FLAT 17 HOWARD HOUSE, 7 - 8 HOWARD SQUARE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 8 Apr 2014. Using an estimated price of £335,316 means this house is valued at £5,080 per sq meter (£471 per sq foot).
The average size of a house on GRAND PARADE is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Awaiting court outcome | On or near Parking Area |
| Aug 2024 | Theft from the person | Under investigation | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Parking Area |