£189,640
This estimated value is based upon the latest sale price for the house of £155,000 on 12 Feb 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £155,000 | 12 Feb 2020 |
| £45,000 | 2 Jan 2002 |
| £31,500 | 24 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2020 the House Price Index for EAST SUSSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £155,000 results in an estimated price of approximately £189,640.
| 12 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £155,000 | £34,640 | £189,640 |
The Postcode Pricing Model uses changes in average sales price within the TN39 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 | 40.479 % | £62,741 | £217,741 |
| 3 Month Average | 8.599 % | £13,328 | £168,328 |
| 6 Month Average | 7.113 % | £11,024 | £166,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £158,000 | £158,000 | GROUND FLOOR FLAT 15 PARK ROAD |
| 1 Sep 2023 | £98,256 | £97,000 | FLAT 5 31 PARK ROAD |
| 24 Feb 2023 | £249,832 | £250,000 | FLAT 3 QUEENS COURT WEST PARADE |
| 7 Jul 2022 | £225,607 | £225,000 | FLAT 2 15 EGERTON ROAD |
| 4 Mar 2022 | £72,538 | £70,000 | FLAT 2 36 PARK ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 May 2019. Using an estimated price of £189,641 means this house is valued at £3,327 per sq meter (£309 per sq foot).
The average size of a house on PARK ROAD is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |