£494,424
This estimated value is based upon the latest sale price for the house of £377,500 on 9 Feb 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£377,500 | 9 Feb 2017 |
Detached |
Freehold |
Floor Area: 123 sq meters or 1,328 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 February 2017 the House Price Index for EAST SUSSEX was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £377,500 results in an estimated price of approximately £494,424.
9 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £377,500 | £116,924 | £494,424 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 39.229 % | £148,090 | £525,590 |
3 Month Average | 28.460 % | £107,437 | £484,937 |
6 Month Average | 16.317 % | £61,595 | £439,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £390,895 | £387,500 | 5 SANDBANKS GARDENS |
7 Feb 2023 | £427,858 | £425,000 | 4 SANDBANKS GARDENS |
18 Nov 2022 | £308,557 | £310,000 | 2 COACH BARN LANE |
1 Apr 2022 | £321,601 | £310,000 | 5 SANDBANKS CLOSE |
15 Mar 2022 | £574,163 | £550,000 | 28 COACH BARN LANE |
This house has a floor area of 123 sq meters or 1,328 sq feet when measured on 7 Apr 2011. Using an estimated price of £494,424 means this house is valued at £4,006 per sq meter (£372 per sq foot).
The average size of a house on ERSHAM ROAD is 123 sq meters (1,328 sq feet).
Date | Crime | Outcome | Where |
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Apr 2024 | Anti-social behaviour | On or near Ersham Road | |
Apr 2024 | Anti-social behaviour | On or near Ersham Road | |
Apr 2024 | Anti-social behaviour | On or near Ersham Road | |
Apr 2024 | Anti-social behaviour | On or near Ersham Road | |
Jul 2024 | Anti-social behaviour | On or near Ersham Road |