£1,068,259
This estimated value is based upon the latest sale price for the house of £188,000 on 22 Dec 1995. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£188,000 | 22 Dec 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 123 sq meters or 1,333 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 1995 the House Price Index for EAST SUSSEX was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.223%.Applying this 468.223% change to the original purchase price of £188,000 results in an estimated price of approximately £1,068,259.
22 Dec 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.2 | 148.6 | 468.223 % | £188,000 | £880,259 | £1,068,259 |
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 | 650.718 % | £1,223,349 | £1,411,349 |
3 Month Average | 641.136 % | £1,205,336 | £1,393,336 |
6 Month Average | 689.746 % | £1,296,722 | £1,484,722 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £348,599 | £342,500 | UPPER MAISONETTE 3 4 BURLINGTON STREET |
15 Sep 2023 | £481,152 | £475,000 | FLAT 7 ROYAL CRESCENT MANSIONS, 100 MARINE PARADE |
13 Sep 2023 | £283,626 | £280,000 | FLAT 2 26 BURLINGTON STREET |
28 Apr 2023 | £296,189 | £293,000 | FLAT 8 12 - 13 BURLINGTON STREET |
27 Mar 2023 | £449,232 | £445,000 | FLAT 15 ROYAL CRESCENT MANSIONS, 100 MARINE PARADE |
This house has a floor area of 123 sq meters or 1,333 sq feet when measured on 29 Jun 2011. Using an estimated price of £1,068,260 means this house is valued at £8,619 per sq meter (£800 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Royal Crescent Mews |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Crescent Place |