£236,603
This estimated value is based upon the latest sale price for the house of £195,000 on 2 Mar 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£195,000 | 2 Mar 2020 |
£190,000 | 30 Sep 2015 |
£147,000 | 16 Mar 2004 |
£43,000 | 2 Mar 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 88 sq meters or 947 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 March 2020 the House Price Index for EAST SUSSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £195,000 results in an estimated price of approximately £236,603.
2 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £195,000 | £41,603 | £236,603 |
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 | -15.215 % | £-29,669 | £165,330 |
3 Month Average | 10.092 % | £19,678 | £214,678 |
6 Month Average | 15.414 % | £30,056 | £225,056 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £277,032 | £270,000 | GARDEN FLAT 4 JEVINGTON GARDENS |
24 Oct 2023 | £276,275 | £270,000 | FLAT 2 MERIDIAN COURT 23-25 JEVINGTON GARDENS |
17 Oct 2023 | £905,567 | £885,000 | 26 JEVINGTON GARDENS |
24 Apr 2023 | £387,243 | £380,000 | FLAT 1 MEADS LODGE, 1 JEVINGTON GARDENS |
10 Mar 2023 | £353,910 | £348,000 | FLAT 7 MEADS LODGE, 1 JEVINGTON GARDENS |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 Oct 2012. Using an estimated price of £236,604 means this house is valued at £2,688 per sq meter (£249 per sq foot).
The average size of a house on JEVINGTON GARDENS is 80 sq meters (868 sq feet).