£352,822
This estimated value is based upon the latest sale price for the house of £265,000 on 24 Aug 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£265,000 | 24 Aug 2016 |
Detached |
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 August 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £265,000 results in an estimated price of approximately £352,822.
24 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £265,000 | £87,822 | £352,822 |
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 | 16.653 % | £44,130 | £309,130 |
3 Month Average | 28.690 % | £76,027 | £341,027 |
6 Month Average | 34.189 % | £90,600 | £355,600 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Feb 2023 | £289,805 | £290,000 | 24 LARCH GARDENS |
28 Jul 2022 | £255,688 | £255,000 | 127 CROXDEN WAY |
6 Jul 2022 | £292,788 | £292,000 | 30 ROWAN AVENUE |
20 May 2022 | £300,614 | £294,950 | 35 ROWAN AVENUE |
8 Feb 2022 | £351,313 | £335,000 | 22 ROWAN AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 Apr 2016. Using an estimated price of £352,823 means this house is valued at £4,009 per sq meter (£372 per sq foot).
The average size of a house on ROWAN AVENUE is 74 sq meters (802 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rowan Avenue |