£450,584
This estimated value is based upon the latest sale price for the house of £425,000 on 19 Jan 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£425,000 | 19 Jan 2022 |
£84,000 | 30 Jun 1995 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 January 2022 the House Price Index for EAST SUSSEX was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £425,000 results in an estimated price of approximately £450,584.
19 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £425,000 | £25,584 | £450,584 |
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 | -13.617 % | £-57,870 | £367,129 |
3 Month Average | 10.783 % | £45,828 | £470,828 |
6 Month Average | 1.400 % | £5,950 | £430,950 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £415,548 | £405,000 | C7 MARINE GATE |
17 Aug 2023 | £305,510 | £300,000 | B10 MARINE GATE |
27 Mar 2023 | £765,280 | £752,500 | D1 MARINE GATE |
3 Feb 2023 | £296,984 | £295,000 | FLAT 25 ROEDEAN COURT ROEDEAN ROAD |
19 Jan 2022 | £450,584 | £425,000 | 2 MARINA WAY |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 6 Jul 2021. Using an estimated price of £450,584 means this house is valued at £4,291 per sq meter (£398 per sq foot).
The average size of a house on MARINA WAY is 154 sq meters (1,662 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cliff Road |
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Cliff Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Cliff Road |
Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Cliff Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cliff Road |