£122,152
This estimated value is based upon the latest sale price for the house of £83,500 on 1 Jun 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £83,500 | 1 Jun 2015 |
| £36,000 | 9 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 June 2015 the House Price Index for EAST SUSSEX was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £83,500 results in an estimated price of approximately £122,152.
| 1 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £83,500 | £38,652 | £122,152 |
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 | 52.765 % | £44,058 | £127,558 |
| 3 Month Average | 35.890 % | £29,968 | £113,468 |
| 6 Month Average | 44.573 % | £37,218 | £120,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £120,000 | £120,000 | FLAT 63 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 13 Dec 2023 | £147,533 | £143,000 | FLAT 18 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 30 Oct 2023 | £127,905 | £125,000 | FLAT 56 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 4 Sep 2023 | £92,029 | £90,000 | FLAT 42 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 15 Aug 2023 | £119,658 | £117,500 | FLAT 2 SOVEREIGN COURT, 21 WANNOCK ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 8 Mar 2015. Using an estimated price of £122,152 means this house is valued at £2,655 per sq meter (£246 per sq foot).
The average size of a house on WANNOCK ROAD is 60 sq meters (647 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Sidley Road |
| Sep 2024 | Anti-social behaviour | On or near Sidley Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sidley Road |
| Sep 2024 | Anti-social behaviour | On or near Sidley Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Royal Parade |