£254,591
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Aug 2023. 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 | 17 Aug 2023 |
| £162,500 | 28 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2023 the House Price Index for EAST SUSSEX was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £250,000 results in an estimated price of approximately £254,591.
| 17 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £250,000 | £4,591 | £254,591 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | -15.788 % | £-39,469 | £210,530 |
| 3 Month Average | -0.291 % | £-728 | £249,271 |
| 6 Month Average | 0.219 % | £546 | £250,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £360,000 | £360,000 | FLAT 16 GRAND MANSIONS 1-3 SILVERDALE ROAD |
| 15 Dec 2023 | £218,721 | £212,000 | FLAT 27 GRAND MANSIONS 1-3 SILVERDALE ROAD |
| 17 Aug 2023 | £254,592 | £250,000 | FLAT 1 GRAND MANSIONS 1-3 SILVERDALE ROAD |
| 5 Apr 2023 | £214,003 | £210,000 | FLAT 31 GRAND MANSIONS 1-3 SILVERDALE ROAD |
| 1 Jun 2022 | £313,706 | £307,000 | FLAT 7 REGENCY COURT, 4 - 5 SOUTH CLIFF |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Apr 2019. Using an estimated price of £254,592 means this house is valued at £3,349 per sq meter (£311 per sq foot).
The average size of a house on SILVERDALE ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Regency Mews |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |
| Oct 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
| Oct 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
| Sep 2024 | Anti-social behaviour | On or near Theatre/Concert Hall |