£566,577
This estimated value is based upon the latest sale price for the house of £236,500 on 15 Apr 2003. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £236,500 | 15 Apr 2003 |
| £80,000 | 8 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 April 2003 the House Price Index for EAST SUSSEX was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £236,500 results in an estimated price of approximately £566,577.
| 15 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 148.6 | 139.568 % | £236,500 | £330,077 | £566,577 |
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 | 17.297 % | £40,906 | £277,406 |
| 3 Month Average | 60.948 % | £144,142 | £380,642 |
| 6 Month Average | 100.493 % | £237,665 | £474,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £156,687 | £155,000 | FLAT 2 AVENUE MANSIONS ELMS AVENUE |
| 17 Apr 2023 | £444,789 | £440,000 | 33 ELMS AVENUE |
| 1 Mar 2023 | £186,760 | £185,000 | FLAT 6 AVENUE MANSIONS ELMS AVENUE |
| 15 Feb 2023 | £162,890 | £163,000 | FLAT 8 GLADSTONE COURT, 237 TERMINUS ROAD |
| 31 Jan 2023 | £147,306 | £148,000 | FLAT 2 7 ELMS AVENUE |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 24 Apr 2013. Using an estimated price of £566,578 means this house is valued at £3,029 per sq meter (£281 per sq foot).
The average size of a house on ELMS AVENUE is 141 sq meters (1,522 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Elms Avenue |
| Mar 2024 | Anti-social behaviour | On or near Elms Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Elms Avenue | |
| Mar 2024 | Drugs | Under investigation | On or near Elms Avenue |
| Feb 2024 | Anti-social behaviour | On or near Elms Avenue |