£52,942
This estimated value is based upon the latest sale price for the house of £17,533 on 9 Mar 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £17,533 | 9 Mar 2002 |
| Terraced |
| Freehold |
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 2002 the House Price Index for EAST SUSSEX was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £17,533 results in an estimated price of approximately £52,942.
| 9 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.6 | 201.961 % | £17,533 | £35,409 | £52,942 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | 219.985 % | £38,569 | £56,102 |
| 3 Month Average | 220.214 % | £38,610 | £56,143 |
| 6 Month Average | 200.554 % | £35,163 | £52,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £322,824 | £320,000 | 293 VICTORIA DRIVE |
| 13 Mar 2023 | £181,712 | £180,000 | 1 DOWNS AVENUE |
| 28 Feb 2022 | £346,069 | £330,000 | 305 VICTORIA DRIVE |
| 4 Feb 2022 | £377,530 | £360,000 | 10 DOWNS AVENUE |
| 22 Dec 2021 | £299,986 | £280,000 | 35 GREENWAY |