£270,070
This estimated value is based upon the latest sale price for the house of £265,560 on 31 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 |
---|---|
£265,560 | 31 Mar 2023 |
£91,000 | 16 Apr 2002 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 896 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 £265,560 results in an estimated price of approximately £270,070.
31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £265,560 | £4,510 | £270,070 |
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 | -1.871 % | £-4,968 | £260,591 |
3 Month Average | -12.227 % | £-32,470 | £233,089 |
6 Month Average | -8.255 % | £-21,922 | £243,637 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2024 | £90,000 | £90,000 | FLAT 64 RIVERBOURNE HOUSE BELMORE ROAD |
31 Mar 2023 | £270,070 | £265,560 | 91 WILLOWFIELD ROAD |
30 Mar 2023 | £169,836 | £167,000 | 30 BELMORE ROAD |
12 Jan 2023 | £78,710 | £78,500 | FLAT 23 WINDSOR COURT, 169 LANGNEY ROAD |
28 Jul 2022 | £232,277 | £229,950 | THE COACH HOUSE, 67B WILLOWFIELD ROAD |
This house has a floor area of 83 sq meters or 896 sq feet when measured on 31 Aug 2010. Using an estimated price of £270,070 means this house is valued at £3,242 per sq meter (£301 per sq foot).
The average size of a house on WILLOWFIELD ROAD is 103 sq meters (1,115 sq feet).