£165,836
This estimated value is based upon the latest sale price for the house of £117,000 on 8 Oct 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£117,000 | 8 Oct 2015 |
£116,000 | 23 Feb 2007 |
£98,000 | 15 Dec 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 October 2015 the House Price Index for EAST SUSSEX was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £117,000 results in an estimated price of approximately £165,836.
8 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £117,000 | £48,836 | £165,836 |
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 | 46.267 % | £54,132 | £171,132 |
3 Month Average | 28.395 % | £33,222 | £150,222 |
6 Month Average | 39.555 % | £46,279 | £163,279 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £150,000 | £150,000 | FLAT 20 BOURNESIDE COURT SEASIDE ROAD |
22 Sep 2023 | £125,773 | £123,000 | FLAT 9 20 SEASIDE |
9 Aug 2023 | £93,690 | £92,000 | 46A SEASIDE |
3 Feb 2023 | £156,042 | £155,000 | FLAT 14 SAXON COURT 43-51 CEYLON PLACE |
18 Jan 2023 | £128,343 | £128,000 | FLAT 3 BAIGS HOUSE, 91 PEVENSEY ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 2 May 2015. Using an estimated price of £165,836 means this house is valued at £3,769 per sq meter (£350 per sq foot).
The average size of a house on CEYLON PLACE is 96 sq meters (1,042 sq feet).