£451,517
This estimated value is based upon the latest sale price for the house of £249,500 on 30 Aug 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £249,500 | 30 Aug 2005 |
| £74,750 | 30 Oct 1998 |
| £59,000 | 4 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 240 sq meters or 2,583 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 August 2005 the House Price Index for EAST SUSSEX was 81.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 80.969%.Applying this 80.969% change to the original purchase price of £249,500 results in an estimated price of approximately £451,517.
| 30 Aug 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 146.7 | 80.969 % | £249,500 | £202,017 | £451,517 |
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 | 37.587 % | £93,780 | £343,280 |
| 3 Month Average | 31.967 % | £79,756 | £329,256 |
| 6 Month Average | 57.112 % | £142,494 | £391,994 |
This house has a floor area of 240 sq meters or 2,583 sq feet when measured on 26 Mar 2014.
The average size of a house on PEVENSEY ROAD is 98 sq meters (1,055 sq feet).