£264,467
This estimated value is based upon the latest sale price for the house of £158,000 on 18 Mar 2013. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £158,000 | 18 Mar 2013 |
| £129,000 | 23 Aug 2002 |
| £52,000 | 29 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 768 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 2013 the House Price Index for EAST SUSSEX was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £158,000 results in an estimated price of approximately £264,467.
| 18 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £158,000 | £106,467 | £264,467 |
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 | 35.262 % | £55,713 | £213,713 |
| 3 Month Average | 67.590 % | £106,792 | £264,792 |
| 6 Month Average | 78.604 % | £124,194 | £282,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £212,671 | £208,950 | 26 COLLINGWOOD CLOSE |
| 21 Jul 2023 | £187,524 | £185,000 | 95 COLLINGWOOD CLOSE |
| 20 Dec 2021 | £332,127 | £310,000 | FLAT 14 MONARCH HOUSE ROYAL PARADE |
| 26 Nov 2021 | £335,269 | £310,000 | FLAT 26 MONARCH HOUSE ROYAL PARADE |
| 28 Sep 2021 | £314,657 | £292,000 | FLAT 51 MONARCH HOUSE ROYAL PARADE |
This house has a floor area of 71 sq meters or 768 sq feet when measured on 8 Mar 2012. Using an estimated price of £264,467 means this house is valued at £3,705 per sq meter (£344 per sq foot).
The average size of a house on ROYAL PARADE is 102 sq meters (1,108 sq feet).