£562,063
This estimated value is based upon the latest sale price for the house of £330,000 on 5 Feb 2010. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £330,000 | 5 Feb 2010 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,180 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 February 2010 the House Price Index for EAST SUSSEX was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £330,000 results in an estimated price of approximately £562,063.
| 5 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £330,000 | £232,063 | £562,063 |
The Postcode Pricing Model uses changes in average sales price within the BN10 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 | 155.034 % | £511,613 | £841,613 |
| 3 Month Average | 60.167 % | £198,550 | £528,550 |
| 6 Month Average | 75.312 % | £248,530 | £578,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £480,000 | £480,000 | 1 SOUTHDOWN AVENUE |
| 5 Mar 2024 | £475,000 | £475,000 | 18 SOUTHDOWN AVENUE |
| 25 Jul 2022 | £365,935 | £364,950 | 13 SOUTHDOWN AVENUE |
| 10 Jun 2022 | £371,246 | £366,000 | 7A FRIARS AVENUE |
| 29 Apr 2022 | £200,811 | £195,000 | FLAT 4 26B FRIARS AVENUE |
This house has a floor area of 109 sq meters or 1,180 sq feet when measured on 7 Oct 2009. Using an estimated price of £562,064 means this house is valued at £5,125 per sq meter (£476 per sq foot).
The average size of a house on THE PROMENADE is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Petrol Station |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Friars' Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Friars' Avenue |