£110,322
This estimated value is based upon the latest sale price for the house of £23,500 on 19 Jun 1998. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£23,500 | 19 Jun 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 June 1998 the House Price Index for EAST SUSSEX was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £23,500 results in an estimated price of approximately £110,322.
19 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 148.6 | 369.456 % | £23,500 | £86,822 | £110,322 |
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 | 358.105 % | £84,154 | £107,654 |
3 Month Average | 414.655 % | £97,443 | £120,943 |
6 Month Average | 385.614 % | £90,619 | £114,119 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £175,063 | £172,000 | 30 WALSINGHAM CLOSE |
3 Mar 2023 | £280,392 | £277,750 | 158 CROXDEN WAY |
28 Jul 2022 | £255,688 | £255,000 | 127 CROXDEN WAY |
8 Jul 2022 | £169,456 | £169,000 | 5 ROSEDALE PLACE |
20 May 2022 | £300,614 | £294,950 | 35 ROWAN AVENUE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 26 Oct 2018. Using an estimated price of £110,322 means this house is valued at £2,206 per sq meter (£204 per sq foot).
The average size of a house on WELBECK CLOSE is 77 sq meters (835 sq feet).