£87,852
This estimated value is based upon the latest sale price for the house of £70,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £70,000 | 19 Jan 2018 |
| £85,000 | 26 May 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 January 2018 the House Price Index for EAST SUSSEX was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £70,000 results in an estimated price of approximately £87,852.
| 19 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £70,000 | £17,852 | £87,852 |
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 | 68.591 % | £48,013 | £118,013 |
| 3 Month Average | 25.343 % | £17,740 | £87,740 |
| 6 Month Average | 16.122 % | £11,285 | £81,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £295,164 | £290,000 | 16 THE QUEENS APARTMENTS ROBERTSON TERRACE |
| 27 Jul 2023 | £116,569 | £115,000 | 6 HOMEDANE HOUSE DENMARK PLACE |
| 8 Jun 2023 | £70,858 | £70,000 | 16 HOMEDANE HOUSE DENMARK PLACE |
| 5 Apr 2023 | £384,136 | £380,000 | 7 THE QUEEN'S APARTMENTS ROBERTSON TERRACE |
| 4 Oct 2022 | £98,935 | £100,000 | 2 HOMEDANE HOUSE DENMARK PLACE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 24 Oct 2017. Using an estimated price of £87,853 means this house is valued at £1,952 per sq meter (£181 per sq foot).
The average size of a house on DENMARK PLACE is 46 sq meters (500 sq feet).