£56,821
This estimated value is based upon the latest sale price for the house of £11,000 on 9 May 1997. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £11,000 | 9 May 1997 |
| Flats/Maisonettes |
| Leasehold |
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 May 1997 the House Price Index for EAST SUSSEX was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £11,000 results in an estimated price of approximately £56,821.
| 9 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £11,000 | £45,821 | £56,821 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | 354.398 % | £38,983 | £49,983 |
| 3 Month Average | 320.448 % | £35,249 | £46,249 |
| 6 Month Average | 392.014 % | £43,121 | £54,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £324,366 | £320,000 | 28A BOURNE STREET |
| 3 Mar 2023 | £134,366 | £133,100 | FLAT 2 20 BOURNE STREET |
| 14 Sep 2022 | £169,630 | £171,000 | 52C PEVENSEY ROAD |
| 9 May 2022 | £147,785 | £145,000 | FLAT 1 PEBBLE COURT, 16 BOURNE STREET |
| 6 May 2022 | £321,049 | £315,000 | 19 BOURNE STREET |