£265,160
This estimated value is based upon the latest sale price for the house of £140,000 on 24 Jan 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£140,000 | 24 Jan 2005 |
£78,000 | 19 Sep 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 95 sq meters or 1,022 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 2005 the House Price Index for EAST SUSSEX was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £140,000 results in an estimated price of approximately £265,160.
24 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.0 | 149.7 | 89.400 % | £140,000 | £125,160 | £265,160 |
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 | 64.313 % | £90,038 | £230,038 |
3 Month Average | 73.469 % | £102,856 | £242,856 |
6 Month Average | 76.408 % | £106,970 | £246,970 |
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 95 sq meters or 1,022 sq feet when measured on 16 May 2016. Using an estimated price of £265,160 means this house is valued at £2,791 per sq meter (£259 per sq foot).
The average size of a house on JEVINGTON GARDENS is 80 sq meters (868 sq feet).