£415,368
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Jun 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £225,000 | 30 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 June 2005 the House Price Index for EAST SUSSEX was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £225,000 results in an estimated price of approximately £415,368.
| 30 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £225,000 | £190,368 | £415,368 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 53.009 % | £119,270 | £344,270 |
| 3 Month Average | 53.201 % | £119,702 | £344,702 |
| 6 Month Average | 66.350 % | £149,287 | £374,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £215,693 | £212,500 | 31 SANTA CRUZ DRIVE |
| 14 Sep 2023 | £364,663 | £360,000 | 16 KEY WEST |
| 20 Feb 2023 | £224,849 | £225,000 | 58 BARBUDA QUAY |
| 9 Mar 2022 | £207,252 | £200,000 | 16 BARBUDA QUAY |
| 14 Jan 2022 | £452,535 | £430,000 | 15 BARBUDA QUAY |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 23 Jan 2019. Using an estimated price of £415,369 means this house is valued at £2,925 per sq meter (£271 per sq foot).
The average size of a house on BARBUDA QUAY is 107 sq meters (1,155 sq feet).