£404,115
This estimated value is based upon the latest sale price for the house of £150,000 on 17 Sep 2002. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£150,000 | 17 Sep 2002 |
£48,000 | 14 Jul 1995 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 September 2002 the House Price Index for EAST SUSSEX was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £150,000 results in an estimated price of approximately £404,115.
17 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 148.6 | 169.411 % | £150,000 | £254,115 | £404,115 |
The Postcode Pricing Model uses changes in average sales price within the BN10 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 | 89.468 % | £134,202 | £284,202 |
3 Month Average | 105.438 % | £158,156 | £308,156 |
6 Month Average | 140.968 % | £211,451 | £361,451 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £353,038 | £349,950 | 37 CORNWALL AVENUE |
22 Jun 2022 | £392,547 | £387,000 | 18 ARUNDEL ROAD |
1 Apr 2022 | £355,281 | £345,000 | 36 CORNWALL AVENUE |
11 Mar 2022 | £377,718 | £364,500 | 20 SEARLE AVENUE |
7 Dec 2021 | £428,551 | £400,000 | 53 SOUTH COAST ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 17 Sep 2020. Using an estimated price of £404,116 means this house is valued at £5,535 per sq meter (£514 per sq foot).
The average size of a house on CORNWALL AVENUE is 107 sq meters (1,153 sq feet).