£359,705
This estimated value is based upon the latest sale price for the house of £197,000 on 29 Nov 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £197,000 | 29 Nov 2005 |
| Detached |
| Freehold |
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 November 2005 the House Price Index for EAST SUSSEX was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £197,000 results in an estimated price of approximately £359,705.
| 29 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £197,000 | £162,705 | £359,705 |
The Postcode Pricing Model uses changes in average sales price within the BN20 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 | 25.097 % | £49,440 | £246,440 |
| 3 Month Average | 88.417 % | £174,181 | £371,181 |
| 6 Month Average | 89.467 % | £176,250 | £373,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £458,986 | £455,000 | 269 VICTORIA DRIVE |
| 21 Mar 2024 | £290,463 | £286,000 | 113 ROYAL SUSSEX CRESCENT |
| 19 Aug 2022 | £326,527 | £325,000 | 78 CAVALRY CRESCENT |
| 4 Feb 2022 | £380,325 | £360,000 | 10 DOWNS AVENUE |
| 22 Dec 2021 | £302,206 | £280,000 | 35 GREENWAY |