£1,009,993
This estimated value is based upon the latest sale price for the house of £815,000 on 5 Jul 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £815,000 | 5 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 258 sq meters or 2,777 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 July 2018 the House Price Index for EAST SUSSEX was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £815,000 results in an estimated price of approximately £1,009,993.
| 5 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £815,000 | £194,993 | £1,009,993 |
The Postcode Pricing Model uses changes in average sales price within the TN21 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 | 152.753 % | £1,244,940 | £2,059,940 |
| 3 Month Average | 46.566 % | £379,511 | £1,194,511 |
| 6 Month Average | 40.456 % | £329,713 | £1,144,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £152,046 | £150,000 | FLAT 12 PARKSIDE ALEXANDRA ROAD |
| 7 Feb 2023 | £394,734 | £395,000 | 2 THE AVENUE |
| 30 Jun 2022 | £116,648 | £115,000 | FLAT 14 PARKSIDE ALEXANDRA ROAD |
| 17 Dec 2021 | £123,208 | £115,000 | FLAT 16 PARKSIDE ALEXANDRA ROAD |
| 10 Dec 2021 | £170,349 | £159,000 | FLAT 23 PARKSIDE ALEXANDRA ROAD |
This house has a floor area of 258 sq meters or 2,777 sq feet when measured on 26 Mar 2018. Using an estimated price of £1,009,993 means this house is valued at £3,914 per sq meter (£363 per sq foot).
The average size of a house on PARK ROAD is 170 sq meters (1,831 sq feet).
This house is the largest in the street with a floor area of 258 sq meters (2,777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B2203 |
| Mar 2024 | Other theft | Under investigation | On or near Hawthorne Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Hawthorne Close |
| Jan 2024 | Anti-social behaviour | On or near Hailsham Road |