£208,814
This estimated value is based upon the latest sale price for the house of £91,500 on 25 Sep 2003. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £91,500 | 25 Sep 2003 |
| £42,000 | 21 May 1999 |
| £41,500 | 20 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 September 2003 the House Price Index for EAST SUSSEX was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £91,500 results in an estimated price of approximately £208,814.
| 25 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £91,500 | £117,314 | £208,814 |
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 | 101.632 % | £92,993 | £184,493 |
| 3 Month Average | 119.826 % | £109,640 | £201,140 |
| 6 Month Average | 114.921 % | £105,152 | £196,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £111,501 | £110,000 | FLAT 23 PHOENIX COURT, 122 LANGNEY ROAD |
| 14 Apr 2023 | £118,273 | £117,000 | FLAT 15 PHOENIX COURT, 122 LANGNEY ROAD |
| 27 Mar 2023 | £78,742 | £78,000 | FLAT 36 WINDSOR COURT, 169 LANGNEY ROAD |
| 12 Jan 2023 | £78,132 | £78,500 | FLAT 23 WINDSOR COURT, 169 LANGNEY ROAD |
| 8 Jul 2022 | £100,220 | £99,950 | FLAT 34 WINDSOR COURT, 169 LANGNEY ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 6 Sep 2012. Using an estimated price of £208,815 means this house is valued at £3,163 per sq meter (£293 per sq foot).
The average size of a house on LANGNEY ROAD is 39 sq meters (423 sq feet).