£147,826
This estimated value is based upon the latest sale price for the house of £53,500 on 30 Aug 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£53,500 | 30 Aug 2002 |
£35,000 | 17 Aug 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 650 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 2002 the House Price Index for EAST SUSSEX was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £53,500 results in an estimated price of approximately £147,826.
30 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
54.2 | 149.7 | 176.311 % | £53,500 | £94,326 | £147,826 |
The Postcode Pricing Model uses changes in average sales price within the TN37 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 | 216.657 % | £115,911 | £169,411 |
3 Month Average | 225.274 % | £120,521 | £174,021 |
6 Month Average | 239.811 % | £128,299 | £181,799 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £96,482 | £95,000 | FLAT 10 INVERGORDON HOUSE, 5 WARRIOR GARDENS |
21 Dec 2023 | £160,946 | £156,000 | 4 ST JOHNS ROAD |
1 Jun 2023 | £178,579 | £175,000 | FLAT 4 6 WARRIOR GARDENS |
15 Feb 2023 | £173,660 | £172,500 | FLAT 1 18 WARRIOR GARDENS |
7 Nov 2022 | £323,487 | £325,000 | FLAT 1A 11 WARRIOR GARDENS |
This house has a floor area of 60 sq meters or 650 sq feet when measured on 12 Oct 2010. Using an estimated price of £147,826 means this house is valued at £2,447 per sq meter (£227 per sq foot).
The average size of a house on WARRIOR GARDENS is 66 sq meters (711 sq feet).