£676,808
This estimated value is based upon the latest sale price for the house of £675,000 on 18 Jan 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £675,000 | 18 Jan 2023 |
| £515,000 | 18 Feb 2019 |
| £430,000 | 9 Mar 2012 |
| £380,000 | 29 Jun 2006 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,617 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 2023 the House Price Index for EAST SUSSEX was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £675,000 results in an estimated price of approximately £676,808.
| 18 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £675,000 | £1,808 | £676,808 |
The Postcode Pricing Model uses changes in average sales price within the BN25 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 | 32.481 % | £219,243 | £894,243 |
| 3 Month Average | 10.929 % | £73,769 | £748,769 |
| 6 Month Average | 3.183 % | £21,485 | £696,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £457,022 | £450,000 | 4 MEADOW WAY |
| 27 Oct 2023 | £363,250 | £355,000 | 4 BARN COTTAGES SUTTON ROAD |
| 12 Oct 2023 | £613,944 | £600,000 | 1 ARUNDEL ROAD |
| 29 Sep 2023 | £593,074 | £580,000 | 16 SANDORE ROAD |
| 21 Sep 2023 | £700,441 | £685,000 | 4 SANDORE CLOSE |
This house has a floor area of 150 sq meters or 1,617 sq feet when measured on 25 May 2011. Using an estimated price of £676,808 means this house is valued at £4,503 per sq meter (£418 per sq foot).
There is one other house on the street which we know the size of, this is 6 MEADOW WAY it is 160.56
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