£227,960
This estimated value is based upon the latest sale price for the house of £180,000 on 12 Dec 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £180,000 | 12 Dec 2017 |
| Terraced |
| 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 December 2017 the House Price Index for EAST SUSSEX was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £180,000 results in an estimated price of approximately £227,960.
| 12 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £180,000 | £47,960 | £227,960 |
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 | 15.608 % | £28,094 | £208,094 |
| 3 Month Average | 19.550 % | £35,189 | £215,189 |
| 6 Month Average | 16.132 % | £29,037 | £209,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £143,458 | £142,500 | FLAT 12 BOURNE MEWS, 128 BOURNE STREET |
| 30 Aug 2022 | £256,198 | £255,000 | 158 ASHFORD ROAD |
| 26 Aug 2022 | £142,667 | £142,000 | FLAT 2 106 CAVENDISH PLACE |
| 29 Mar 2022 | £55,328 | £53,000 | LOCK UP SHOP AND GROUND FLOOR 95 CAVENDISH PLACE |
| 25 Mar 2022 | £678,556 | £650,000 | 166 ASHFORD ROAD |