£229,702
This estimated value is based upon the latest sale price for the house of £136,500 on 22 Aug 2008. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £136,500 | 22 Aug 2008 |
| £126,500 | 8 Mar 2005 |
| £40,000 | 16 May 1997 |
| £43,500 | 24 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 August 2008 the House Price Index for EAST SUSSEX was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £136,500 results in an estimated price of approximately £229,702.
| 22 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £136,500 | £93,202 | £229,702 |
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 | 86.918 % | £118,643 | £255,143 |
| 3 Month Average | 75.291 % | £102,772 | £239,272 |
| 6 Month Average | 65.551 % | £89,476 | £225,976 |
| 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 |
| 12 Nov 2021 | £308,231 | £285,000 | 27 BARNETT WAY |
| 15 Oct 2021 | £290,450 | £262,500 | 17 FURNACE WAY |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 25 Nov 2013. Using an estimated price of £229,702 means this house is valued at £5,602 per sq meter (£520 per sq foot).
The average size of a house on IRONSTONE WAY is 89 sq meters (964 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ironstone Way |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Barnett Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sunnybrooke Close |
| 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 |