£166,164
This estimated value is based upon the latest sale price for the house of £130,000 on 29 Jan 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£130,000 | 29 Jan 2020 |
£110,000 | 20 Mar 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 January 2020 the House Price Index for EAST SUSSEX was 81.6.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 27.819%.Applying this 27.819% change to the original purchase price of £130,000 results in an estimated price of approximately £166,164.
29 Jan 2020 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.6 | 104.3 | 27.819 % | £130,000 | £36,164 | £166,164 |
The Postcode Pricing Model uses changes in average sales price within the BN21 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 | -40.366 % | £-52,476 | £77,523 |
3 Month Average | 13.069 % | £16,990 | £146,990 |
6 Month Average | 10.427 % | £13,554 | £143,554 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £154,795 | £145,000 | FLAT 4 BURLINGTON VILLAS 78-86 SEASIDE ROAD |
14 Mar 2024 | £138,782 | £130,000 | FLAT 3 9 CAVENDISH PLACE |
1 Dec 2023 | £145,010 | £135,000 | FLAT 8 BURLINGTON VILLAS 78-86 SEASIDE ROAD |
12 Sep 2023 | £5,316 | £5,000 | 23 CAVENDISH PLACE |
28 Apr 2023 | £163,960 | £155,000 | FLAT 2 AVENUE MANSIONS ELMS AVENUE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 12 Jan 2015. Using an estimated price of £166,164 means this house is valued at £3,612 per sq meter (£335 per sq foot).
The average size of a house on CAVENDISH PLACE is 55 sq meters (598 sq feet).