£411,907
This estimated value is based upon the latest sale price for the house of £304,950 on 18 Mar 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £304,950 | 18 Mar 2016 |
| £230,000 | 10 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 March 2016 the House Price Index for EAST SUSSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £304,950 results in an estimated price of approximately £411,907.
| 18 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £304,950 | £106,957 | £411,907 |
The Postcode Pricing Model uses changes in average sales price within the TN38 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 | 10.790 % | £32,903 | £337,853 |
| 3 Month Average | 21.261 % | £64,835 | £369,785 |
| 6 Month Average | 35.692 % | £108,843 | £413,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £286,665 | £283,000 | 19 WINDMILL ROAD |
| 25 Aug 2023 | £255,233 | £253,000 | 8 HORSESHOE CLOSE |
| 5 Apr 2023 | £283,048 | £280,000 | 12 SEDLESCOMBE GARDENS |
| 22 Mar 2023 | £267,520 | £265,000 | 18 HORSESHOE CLOSE |
| 7 Mar 2023 | £141,332 | £140,000 | FLAT 1 BALMORAL COURT SEDLESCOMBE GARDENS |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 16 Aug 2016. Using an estimated price of £411,907 means this house is valued at £2,821 per sq meter (£262 per sq foot).
The average size of a house on WINDMILL ROAD is 170 sq meters (1,833 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).