£182,376
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Nov 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£130,000 | 30 Nov 2015 |
£37,000 | 4 Apr 2000 |
£31,500 | 3 May 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 November 2015 the House Price Index for EAST SUSSEX was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £130,000 results in an estimated price of approximately £182,376.
30 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £130,000 | £52,376 | £182,376 |
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 | 51.047 % | £66,360 | £196,360 |
3 Month Average | 30.219 % | £39,285 | £169,285 |
6 Month Average | 39.535 % | £51,395 | £181,395 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £600,000 | £600,000 | 4 WILLOWFIELD ROAD |
27 Mar 2024 | £312,298 | £307,500 | 16 WILLOWFIELD ROAD |
24 Nov 2023 | £330,387 | £322,000 | 29 WILLOWFIELD ROAD |
14 Apr 2023 | £119,230 | £117,000 | FLAT 15 PHOENIX COURT, 122 LANGNEY ROAD |
12 Jan 2023 | £78,710 | £78,500 | FLAT 23 WINDSOR COURT, 169 LANGNEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 Apr 2013. Using an estimated price of £182,376 means this house is valued at £2,682 per sq meter (£249 per sq foot).
The average size of a house on WILLOWFIELD ROAD is 103 sq meters (1,115 sq feet).