£322,647
This estimated value is based upon the latest sale price for the house of £58,000 on 5 Sep 1996. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£58,000 | 5 Sep 1996 |
Terraced |
Freehold |
Floor Area: 133 sq meters or 1,431 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 September 1996 the House Price Index for EAST SUSSEX was 26.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 456.289%.Applying this 456.289% change to the original purchase price of £58,000 results in an estimated price of approximately £322,647.
5 Sep 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.9 | 149.7 | 456.289 % | £58,000 | £264,647 | £322,647 |
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 | 797.211 % | £462,382 | £520,382 |
3 Month Average | 663.664 % | £384,925 | £442,925 |
6 Month Average | 645.955 % | £374,654 | £432,654 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £196,328 | £192,000 | GROUND FLOOR FLAT 28 GLADSTONE PLACE |
4 Aug 2023 | £276,996 | £272,000 | GARDEN FLAT 30 GLADSTONE PLACE |
10 Mar 2023 | £305,095 | £300,000 | BASEMENT FLAT 37A GLADSTONE PLACE |
24 Aug 2022 | £311,456 | £310,000 | BASEMENT FLAT 21B GLADSTONE PLACE |
7 Jul 2022 | £565,668 | £560,000 | 31 GLADSTONE PLACE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 27 Nov 2018. Using an estimated price of £322,648 means this house is valued at £2,425 per sq meter (£225 per sq foot).
The average size of a house on GLADSTONE PLACE is 73 sq meters (793 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Gladstone Place |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Newmarket Road |
Jul 2024 | Public order | Under investigation | On or near Newmarket Road |
Jul 2024 | Anti-social behaviour | On or near Newmarket Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Newmarket Road |