£153,064
This estimated value is based upon the latest sale price for the house of £114,950 on 15 Jul 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £114,950 | 15 Jul 2016 |
| £95,000 | 13 Apr 2015 |
| £43,750 | 11 Apr 1997 |
| £42,500 | 27 Sep 1996 |
| £35,000 | 20 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £114,950 results in an estimated price of approximately £153,064.
| 15 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £114,950 | £38,114 | £153,064 |
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 | -0.066 % | £-76 | £114,873 |
| 3 Month Average | 23.926 % | £27,503 | £142,453 |
| 6 Month Average | 41.231 % | £47,394 | £162,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £91,166 | £90,000 | FLAT 42 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 15 Aug 2023 | £118,537 | £117,500 | FLAT 2 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 9 Jun 2023 | £159,431 | £157,500 | FLAT 7 SOVEREIGN COURT, 21 WANNOCK ROAD |
| 2 Jun 2023 | £282,320 | £278,900 | 47 SIDLEY ROAD |
| 31 Mar 2023 | £95,904 | £95,000 | FLAT 35 SOVEREIGN COURT, 21 WANNOCK ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 11 Jan 2015. Using an estimated price of £153,065 means this house is valued at £3,001 per sq meter (£278 per sq foot).
The average size of a house on WANNOCK ROAD is 60 sq meters (647 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sidley Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Royal Parade |
| Mar 2024 | Anti-social behaviour | On or near Royal Parade | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Royal Parade |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Royal Parade |