£249,405
This estimated value is based upon the latest sale price for the house of £208,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £208,000 | 28 Aug 2020 |
| £128,000 | 26 Mar 2003 |
| £87,000 | 13 Jul 2001 |
| £70,000 | 22 Nov 1999 |
| £40,250 | 5 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,145 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 August 2020 the House Price Index for EAST SUSSEX was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £208,000 results in an estimated price of approximately £249,405.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £208,000 | £41,405 | £249,405 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | -29.081 % | £-60,487 | £147,512 |
| 3 Month Average | 7.416 % | £15,424 | £223,424 |
| 6 Month Average | 27.809 % | £57,842 | £265,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £253,065 | £250,000 | 5 MYRTLE ROAD |
| 8 Jul 2022 | £257,694 | £257,000 | 6 MYRTLE ROAD |
| 1 Jul 2022 | £245,661 | £245,000 | 22 ALLFREY ROAD |
| 20 May 2022 | £295,569 | £290,000 | 398 SEASIDE |
| 31 Mar 2022 | £233,159 | £225,000 | 6 FORT ROAD |
This house has a floor area of 106 sq meters or 1,145 sq feet when measured on 7 Jul 2010. Using an estimated price of £249,406 means this house is valued at £2,344 per sq meter (£217 per sq foot).
The average size of a house on MYRTLE ROAD is 65 sq meters (709 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,145 sq feet).