£823,756
This estimated value is based upon the latest sale price for the house of £810,000 on 7 Mar 2023. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£810,000 | 7 Mar 2023 |
£142,500 | 27 Jan 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 142 sq meters or 1,528 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 2023 the House Price Index for EAST SUSSEX was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £810,000 results in an estimated price of approximately £823,756.
7 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £810,000 | £13,756 | £823,756 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 20.441 % | £165,572 | £975,572 |
3 Month Average | -1.791 % | £-14,510 | £795,489 |
6 Month Average | -5.816 % | £-47,110 | £762,889 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2024 | £500,000 | £500,000 | FLAT 11 EATON GATE, 2 EATON GARDENS |
22 Sep 2023 | £163,607 | £160,000 | 20 EATON COURT EATON GARDENS |
22 Sep 2023 | £511,271 | £500,000 | 1 EATON COURT EATON GARDENS |
7 Mar 2023 | £823,757 | £810,000 | FLAT 24 EATON GATE, 2 EATON GARDENS |
28 Feb 2023 | £581,384 | £577,500 | FLAT 1 EATON GATE, 2 EATON GARDENS |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 17 Mar 2021. Using an estimated price of £823,757 means this house is valued at £5,801 per sq meter (£538 per sq foot).
The average size of a house on EATON GARDENS is 73 sq meters (785 sq feet).