£356,812
This estimated value is based upon the latest sale price for the house of £260,000 on 22 Jan 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £260,000 | 22 Jan 2016 |
| £260,000 | 22 Jan 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 91 sq meters or 985 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 January 2016 the House Price Index for EAST SUSSEX was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £260,000 results in an estimated price of approximately £356,812.
| 22 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £260,000 | £96,812 | £356,812 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 9.268 % | £24,096 | £284,096 |
| 3 Month Average | 26.022 % | £67,657 | £327,657 |
| 6 Month Average | 38.317 % | £99,624 | £359,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £500,388 | £495,000 | 7 MARINE ROAD |
| 17 Mar 2023 | £418,947 | £415,000 | 4 MARINE ROAD |
| 12 Oct 2022 | £168,189 | £170,000 | FLAT 1 75 - 77 SEASIDE |
| 12 Oct 2022 | £168,189 | £170,000 | FLAT 3 75 - 77 SEASIDE |
| 12 Oct 2022 | £168,189 | £170,000 | FLAT 5 75 - 77 SEASIDE |
This house has a floor area of 91 sq meters or 985 sq feet when measured on 27 Mar 2009. Using an estimated price of £356,812 means this house is valued at £3,895 per sq meter (£361 per sq foot).
The average size of a house on ROYAL PARADE is 103 sq meters (1,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Marine Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marine Road |
| Feb 2024 | Other theft | Under investigation | On or near Marine Road |
| Feb 2024 | Public order | Under investigation | On or near Marine Road |
| Jan 2024 | Drugs | Local resolution | On or near Marine Road |