£340,304
This estimated value is based upon the latest sale price for the house of £277,500 on 2 Oct 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£277,500 | 2 Oct 2019 |
£242,000 | 31 Mar 2014 |
£220,000 | 15 Apr 2011 |
£145,000 | 19 Jan 2004 |
£74,000 | 16 Nov 1998 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 October 2019 the House Price Index for EAST SUSSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £277,500 results in an estimated price of approximately £340,304.
2 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £277,500 | £62,804 | £340,304 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 47.097 % | £130,693 | £408,193 |
3 Month Average | 0.082 % | £227 | £277,727 |
6 Month Average | 7.289 % | £20,225 | £297,725 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £405,181 | £400,000 | 9 ORCHARD ROAD |
20 Jul 2023 | £212,865 | £210,000 | 30 THE SPINNEYS |
4 Apr 2023 | £581,259 | £575,000 | 29 THE NURSERIES |
19 Jan 2023 | £368,265 | £370,000 | 22 THE SPINNEYS |
8 Jul 2022 | £446,201 | £445,000 | 4 ORCHARD ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 14 May 2019. Using an estimated price of £340,305 means this house is valued at £5,317 per sq meter (£493 per sq foot).
The average size of a house on THE SPINNEYS is 67 sq meters (731 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near The Nurseries | |
Feb 2024 | Anti-social behaviour | On or near The Nurseries | |
Jan 2024 | Anti-social behaviour | On or near The Nurseries | |
Jan 2024 | Anti-social behaviour | On or near The Nurseries | |
Jan 2024 | Anti-social behaviour | On or near The Nurseries |