£111,960
This estimated value is based upon the latest sale price for the house of £20,000 on 6 Jun 1996. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£20,000 | 6 Jun 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 June 1996 the House Price Index for EAST SUSSEX was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.800%.Applying this 459.800% change to the original purchase price of £20,000 results in an estimated price of approximately £111,960.
6 Jun 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 148.6 | 459.800 % | £20,000 | £91,960 | £111,960 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 565.487 % | £113,097 | £133,097 |
3 Month Average | 776.030 % | £155,206 | £175,206 |
6 Month Average | 734.434 % | £146,886 | £166,886 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £739,455 | £730,000 | 7 CHATHAM PLACE |
7 Jul 2023 | £214,892 | £212,000 | FLAT 7 10 BUCKINGHAM PLACE |
1 Jun 2023 | £455,518 | £450,000 | GARDEN FLAT 13 BUCKINGHAM PLACE |
14 Mar 2023 | £227,140 | £225,000 | FLAT 5 10 BUCKINGHAM PLACE |
9 Feb 2023 | £224,849 | £225,000 | FLAT 3, 29 CHATHAM PLACE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 25 Oct 2018. Using an estimated price of £111,960 means this house is valued at £2,544 per sq meter (£236 per sq foot).
The average size of a house on CHATHAM PLACE is 52 sq meters (561 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chatham Place |
Mar 2024 | Other theft | Under investigation | On or near Chatham Place |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chatham Place |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chatham Place |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Chatham Place |