£230,570
This estimated value is based upon the latest sale price for the house of £229,950 on 28 Jul 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£229,950 | 28 Jul 2022 |
£175,000 | 28 Nov 2018 |
£160,000 | 24 May 2016 |
Detached |
Freehold |
Floor Area: 45 sq meters or 484 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 July 2022 the House Price Index for EAST SUSSEX was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £229,950 results in an estimated price of approximately £230,570.
28 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 148.6 | 0.270 % | £229,950 | £620 | £230,570 |
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 | -25.446 % | £-58,513 | £171,436 |
3 Month Average | -0.911 % | £-2,095 | £227,854 |
6 Month Average | 4.948 % | £11,377 | £241,327 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £141,763 | £139,950 | 10 BELMORE ROAD |
31 Mar 2023 | £268,086 | £265,560 | 91 WILLOWFIELD ROAD |
30 Mar 2023 | £168,588 | £167,000 | 30 BELMORE ROAD |
23 Mar 2023 | £294,777 | £292,000 | 13 ST GEORGES ROAD |
28 Jul 2022 | £230,571 | £229,950 | THE COACH HOUSE, 67B WILLOWFIELD ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 8 Oct 2015. Using an estimated price of £230,571 means this house is valued at £5,123 per sq meter (£476 per sq foot).
The average size of a house on WILLOWFIELD ROAD is 103 sq meters (1,115 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).