£159,615
This estimated value is based upon the latest sale price for the house of £34,000 on 16 Jun 1998. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £34,000 | 16 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 1998 the House Price Index for EAST SUSSEX was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £34,000 results in an estimated price of approximately £159,615.
| 16 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 148.6 | 369.456 % | £34,000 | £125,615 | £159,615 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | 204.208 % | £69,430 | £103,430 |
| 3 Month Average | 303.392 % | £103,153 | £137,153 |
| 6 Month Average | 359.830 % | £122,342 | £156,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £140,000 | £140,000 | FLAT 2 22 LUSHINGTON ROAD |
| 10 Nov 2023 | £669,918 | £660,000 | 25 LUSHINGTON ROAD |
| 29 Sep 2023 | £207,655 | £205,000 | 4 LUSHINGTON ROAD |
| 4 Jan 2023 | £189,109 | £190,000 | FLAT 2 10 HYDE GARDENS |
| 25 May 2022 | £224,225 | £220,000 | FLAT 4 VALENTINE COURT SOUTH STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 11 May 2018. Using an estimated price of £159,615 means this house is valued at £3,257 per sq meter (£302 per sq foot).
The average size of a house on LUSHINGTON ROAD is 120 sq meters (1,295 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Lushington Road |