£325,243
This estimated value is based upon the latest sale price for the house of £235,000 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£235,000 | 4 Dec 2015 |
Terraced |
Freehold |
Floor Area: 147 sq meters or 1,582 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 December 2015 the House Price Index for EAST SUSSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £235,000 results in an estimated price of approximately £325,243.
4 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £235,000 | £90,243 | £325,243 |
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 | -6.677 % | £-15,691 | £219,308 |
3 Month Average | 29.355 % | £68,983 | £303,983 |
6 Month Average | 42.301 % | £99,408 | £334,408 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £326,839 | £322,000 | 29 WILLOWFIELD ROAD |
5 Jul 2023 | £111,501 | £110,000 | FLAT 23 PHOENIX COURT, 122 LANGNEY ROAD |
14 Apr 2023 | £118,273 | £117,000 | FLAT 15 PHOENIX COURT, 122 LANGNEY ROAD |
27 May 2022 | £142,689 | £140,000 | FLAT 25 PHOENIX COURT, 122 LANGNEY ROAD |
10 May 2022 | £336,337 | £330,000 | 13 WILLOWFIELD ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 31 Mar 2015. Using an estimated price of £325,243 means this house is valued at £2,212 per sq meter (£205 per sq foot).
The average size of a house on WILLOWFIELD ROAD is 103 sq meters (1,115 sq feet).