£246,347
This estimated value is based upon the latest sale price for the house of £210,000 on 19 Oct 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £210,000 | 19 Oct 2020 |
| £195,000 | 7 Apr 2017 |
| £127,500 | 28 Oct 2005 |
| £90,500 | 19 Jul 2002 |
| £46,000 | 22 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 44 sq meters or 473 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 October 2020 the House Price Index for EAST SUSSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £210,000 results in an estimated price of approximately £246,347.
| 19 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £210,000 | £36,347 | £246,347 |
The Postcode Pricing Model uses changes in average sales price within the TN22 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 | 16.332 % | £34,296 | £244,296 |
| 3 Month Average | 10.805 % | £22,689 | £232,689 |
| 6 Month Average | 9.768 % | £20,512 | £230,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2022 | £545,594 | £550,000 | 29 IRONSTONE WAY |
| 12 Jul 2022 | £250,675 | £250,000 | 7 IRONSTONE WAY |
| 28 Feb 2022 | £241,200 | £230,000 | 16 HOPFIELD GARDENS |
| 25 Nov 2021 | £508,312 | £470,000 | 18 ROMAN WAY |
| 12 Nov 2021 | £308,231 | £285,000 | 27 BARNETT WAY |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 17 Dec 2016. Using an estimated price of £246,347 means this house is valued at £5,598 per sq meter (£520 per sq foot).
The average size of a house on IRONSTONE WAY is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Ironstone Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birch Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Spring Meadow |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Tree Court |