£371,111
This estimated value is based upon the latest sale price for the house of £284,000 on 31 Jan 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£284,000 | 31 Jan 2017 |
£180,000 | 19 Nov 2004 |
£121,000 | 30 Sep 2002 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 January 2017 the House Price Index for EAST SUSSEX was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £284,000 results in an estimated price of approximately £371,111.
31 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £284,000 | £87,111 | £371,111 |
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 | -30.021 % | £-85,260 | £198,739 |
3 Month Average | 4.312 % | £12,246 | £296,246 |
6 Month Average | 19.817 % | £56,280 | £340,280 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £474,148 | £470,000 | 48 VICTORIA DRIVE |
3 Aug 2022 | £373,993 | £375,000 | 3 SALEHURST ROAD |
24 Mar 2022 | £430,049 | £415,000 | 7 BROOMFIELD STREET |
20 Dec 2021 | £391,053 | £365,000 | 17 MONCEUX ROAD |
16 Dec 2021 | £400,850 | £374,145 | 23 MONCEUX ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 23 Aug 2016. Using an estimated price of £371,111 means this house is valued at £4,217 per sq meter (£391 per sq foot).
The average size of a house on DACRE ROAD is 102 sq meters (1,104 sq feet).