£200,785
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Apr 2007. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £125,000 | 12 Apr 2007 |
| £34,500 | 24 Jun 1998 |
| £32,000 | 5 Jul 1995 |
| Terraced |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 April 2007 the House Price Index for EAST SUSSEX was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £125,000 results in an estimated price of approximately £200,785.
| 12 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £125,000 | £75,785 | £200,785 |
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 | 88.535 % | £110,669 | £235,669 |
| 3 Month Average | 78.549 % | £98,186 | £223,186 |
| 6 Month Average | 76.887 % | £96,108 | £221,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £226,986 | £225,000 | 1 ARGENT CLOSE |
| 24 Jan 2023 | £328,453 | £330,000 | 26 BELVEDERE GARDENS |
| 15 Mar 2022 | £291,190 | £281,000 | 8 THE PEVERELS |
| 7 Mar 2022 | £256,475 | £247,500 | 9 THE PEVERELS |
| 4 Feb 2022 | £164,645 | £157,000 | 6 ARGENT CLOSE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 19 Dec 2016. Using an estimated price of £200,786 means this house is valued at £4,780 per sq meter (£444 per sq foot).
The average size of a house on ARGENT CLOSE is 58 sq meters (629 sq feet).