£225,296
This estimated value is based upon the latest sale price for the house of £119,500 on 4 Feb 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £119,500 | 4 Feb 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 February 2005 the House Price Index for EAST SUSSEX was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £119,500 results in an estimated price of approximately £225,296.
| 4 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 149.7 | 88.533 % | £119,500 | £105,796 | £225,296 |
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 | 64.220 % | £76,742 | £196,242 |
| 3 Month Average | 71.708 % | £85,691 | £205,191 |
| 6 Month Average | 76.465 % | £91,375 | £210,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £234,961 | £229,625 | FLAT 3 29 THE AVENUE |
| 29 Aug 2023 | £254,592 | £250,000 | FLAT 1 24 EVERSFIELD ROAD |
| 1 Aug 2023 | £213,857 | £210,000 | FLAT 12 CAREW COURT, 1 CAREW ROAD |
| 21 Mar 2023 | £137,293 | £135,000 | FLAT 2 SIA HOUSE, 30 THE AVENUE |
| 9 Feb 2023 | £276,849 | £275,000 | FLAT 5 SIA HOUSE, 30 THE AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 Dec 2013. Using an estimated price of £225,297 means this house is valued at £2,682 per sq meter (£249 per sq foot).
The average size of a house on THE AVENUE is 58 sq meters (631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near A2040 | |
| Oct 2024 | Anti-social behaviour | On or near A2040 | |
| Sep 2024 | Anti-social behaviour | On or near A2040 | |
| Sep 2024 | Vehicle crime | Under investigation | On or near A2040 |
| Sep 2024 | Anti-social behaviour | On or near A2040 |