£955,484
This estimated value is based upon the latest sale price for the house of £374,000 on 3 Dec 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Royal Crescent Mews
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Price Paid | Date |
---|---|
£374,000 | 3 Dec 2002 |
£175,000 | 15 Sep 1999 |
£125,000 | 2 Apr 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 December 2002 the House Price Index for EAST SUSSEX was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £374,000 results in an estimated price of approximately £955,484.
3 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 149.7 | 155.477 % | £374,000 | £581,484 | £955,484 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 201.568 % | £753,865 | £1,127,865 |
3 Month Average | 158.659 % | £593,384 | £967,384 |
6 Month Average | 160.764 % | £601,256 | £975,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £353,358 | £342,500 | UPPER MAISONETTE 3 4 BURLINGTON STREET |
20 Oct 2023 | £363,250 | £355,000 | FLAT 3 ROYAL CRESCENT MANSIONS, 100 MARINE PARADE |
15 Sep 2023 | £485,707 | £475,000 | FLAT 7 ROYAL CRESCENT MANSIONS, 100 MARINE PARADE |
13 Sep 2023 | £286,311 | £280,000 | FLAT 2 26 BURLINGTON STREET |
28 Apr 2023 | £298,585 | £293,000 | FLAT 8 12 - 13 BURLINGTON STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Jul 2012. Using an estimated price of £955,484 means this house is valued at £10,164 per sq meter (£944 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Bicycle theft | Under investigation | On or near Royal Crescent Mews |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Royal Crescent Mews |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Royal Crescent Mews |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Burlington Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Burlington Street |