£810,629
This estimated value is based upon the latest sale price for the house of £225,000 on 13 Dec 2000. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Oriental Place
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| Price Paid | Date |
|---|---|
| £225,000 | 13 Dec 2000 |
| £125,000 | 9 Jun 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 111 sq meters or 1,194 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 December 2000 the House Price Index for EAST SUSSEX was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £225,000 results in an estimated price of approximately £810,629.
| 13 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £225,000 | £585,629 | £810,629 |
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 | 243.184 % | £547,164 | £772,164 |
| 3 Month Average | 342.440 % | £770,488 | £995,488 |
| 6 Month Average | 302.002 % | £679,503 | £904,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £264,706 | £261,500 | LOWER GROUND FLOOR FLAT 28 ORIENTAL PLACE |
| 14 Oct 2022 | £746,957 | £755,000 | FLAT 2 KINGSLEY COURT, 142 KINGS ROAD |
| 15 Jul 2022 | £253,984 | £253,300 | FLAT 5 28 ORIENTAL PLACE |
| 1 Apr 2022 | £259,509 | £252,000 | FLAT 4 28 ORIENTAL PLACE |
| 28 Feb 2022 | £471,913 | £450,000 | FLAT 1 19 ORIENTAL PLACE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 16 Dec 2019. Using an estimated price of £810,629 means this house is valued at £7,302 per sq meter (£678 per sq foot).
The average size of a house on KINGS ROAD is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oriental Place |
| Mar 2024 | Burglary | Under investigation | On or near Oriental Place |
| Mar 2024 | Anti-social behaviour | On or near Oriental Place | |
| Mar 2024 | Drugs | Under investigation | On or near Oriental Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oriental Place |