Please note: This is an estimate based on available data and market trends. This valuation is provided for informational purposes only and should not be considered as a professional valuation. BritishProperty.uk takes no responsibility for any inaccuracies, errors, or omissions in this estimate. Property values can vary significantly based on condition, improvements, market conditions, and other factors not reflected in this automated estimate. Mistakes can occur in data processing or calculations. For a professional valuation, you should consult a qualified surveyor or estate agent. This estimate is not intended to be used as the sole basis for any financial, legal, or property-related decisions.
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Property Characteristics
PARKVIEW, 7 OFFHAM TERRACE is a flat in LEWES, EAST SUSSEX.
First sale date of 1998 suggests this property has been part of the BN7 2QP market for 27 years.
Transaction History
First recorded sale was in 1998 at £50,500, with 2 total transactions recorded over the property's history.
Latest sale occurred on 18 August 2003 for £116,500, representing a 130.7% increase from the previous sale in 1998.
Over 27 years of ownership history, this property has seen 2 ownership changes, averaging approximately 13.5 years between sales.
Since last selling in 2003, the property's estimated value has grown by approximately £863,917, representing a 10% annual growth rate over 22.3 years.
Market Position
Ranks below the postcode average, positioned in the 23th percentile (11 of 13 properties) in BN7 2QP.
Priced 43.3% below the BN7 2QP average of £205,603 for all property types.
Current estimated value ranges from £882,375 to £1,078,459, with a central estimate of £980,417 based on market growth trends.
Comparative Market Analysis
OFFHAM TERRACE has 13 recorded properties with an average sale price of £205,603. This property is 43.3% below the street average.
Across all property types in BN7 2QP, 2 properties have sold over the past 12 months at an average of £263,750.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| Today's estimated value* | £980,417 | 741.6% | - |
| 18/08/2003 | £116,500 | +130.7% | flat |
| 05/06/1998 | £50,500 | - | flat |
Price History
Market Statistics - BN7 2QP
Property Types
Similar Properties in BN7 2QP
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Data Source & License: Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. For official property records and documentation, please visit HM Land Registry .