£451,214
This estimated value is based upon the latest sale price for the house of £450,000 on 20 Jul 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £450,000 | 20 Jul 2022 |
| £425,000 | 29 Sep 2021 |
| £269,000 | 12 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 July 2022 the House Price Index for EAST SUSSEX was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £450,000 results in an estimated price of approximately £451,214.
| 20 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £450,000 | £1,214 | £451,214 |
The Postcode Pricing Model uses changes in average sales price within the TN34 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 | -13.476 % | £-60,640 | £389,359 |
| 3 Month Average | -10.995 % | £-49,478 | £400,521 |
| 6 Month Average | -9.113 % | £-41,006 | £408,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £222,849 | £220,000 | 71 STONEFIELD ROAD |
| 23 Jun 2023 | £313,801 | £310,000 | 113 STONEFIELD ROAD |
| 5 Apr 2023 | £156,687 | £155,000 | FLAT 2 3 NELSON ROAD |
| 19 Jan 2023 | £184,133 | £185,000 | 11A NELSON ROAD |
| 19 Jan 2023 | £268,734 | £270,000 | 11 NELSON ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 22 Nov 2015. Using an estimated price of £451,215 means this house is valued at £3,525 per sq meter (£327 per sq foot).
The average size of a house on STONEFIELD ROAD is 93 sq meters (1,009 sq feet).