£186,090
This estimated value is based upon the latest sale price for the house of £115,000 on 11 Apr 2007. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£115,000 | 11 Apr 2007 |
£106,000 | 10 Dec 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 April 2007 the House Price Index for EAST SUSSEX was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £115,000 results in an estimated price of approximately £186,090.
11 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £115,000 | £71,090 | £186,090 |
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 | 80.035 % | £92,040 | £207,040 |
3 Month Average | 60.035 % | £69,039 | £184,039 |
6 Month Average | 66.527 % | £76,505 | £191,505 |
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 39 sq meters or 419 sq feet when measured on 19 Feb 2021. Using an estimated price of £186,090 means this house is valued at £4,771 per sq meter (£443 per sq foot).
The average size of a house on CEYLON PLACE is 96 sq meters (1,042 sq feet).