£197,677
This estimated value is based upon the latest sale price for the house of £160,000 on 24 Jun 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £160,000 | 24 Jun 2019 |
| £81,000 | 6 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2019 the House Price Index for EAST SUSSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £160,000 results in an estimated price of approximately £197,677.
| 24 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £160,000 | £37,677 | £197,677 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 24.374 % | £38,998 | £198,998 |
| 3 Month Average | 21.846 % | £34,953 | £194,953 |
| 6 Month Average | 29.240 % | £46,783 | £206,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £307,046 | £302,500 | 3 ROYAL SOVEREIGN VIEW |
| 1 Sep 2023 | £232,979 | £230,000 | 66 ROYAL SOVEREIGN VIEW |
| 8 Aug 2023 | £524,589 | £520,000 | 7 MAGELLAN WAY |
| 6 Mar 2023 | £368,471 | £365,000 | 42 ROYAL SOVEREIGN VIEW |
| 24 Feb 2023 | £319,785 | £320,000 | 8 KEITH WALK |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 Jul 2017. Using an estimated price of £197,678 means this house is valued at £2,907 per sq meter (£270 per sq foot).
The average size of a house on ROYAL SOVEREIGN VIEW is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Royal Sovereign View | |
| Dec 2023 | Anti-social behaviour | On or near Royal Sovereign View | |
| Dec 2023 | Anti-social behaviour | On or near Royal Sovereign View | |
| Dec 2023 | Anti-social behaviour | On or near Royal Sovereign View | |
| Jan 2024 | Possession of weapons | Under investigation | On or near Magellan Way |