£297,812
This estimated value is based upon the latest sale price for the house of £93,000 on 23 Nov 2001. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £93,000 | 23 Nov 2001 |
| £59,500 | 28 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2001 the House Price Index for EAST SUSSEX was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £93,000 results in an estimated price of approximately £297,812.
| 23 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £93,000 | £204,812 | £297,812 |
The Postcode Pricing Model uses changes in average sales price within the TN31 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 | 267.802 % | £249,055 | £342,055 |
| 3 Month Average | 249.902 % | £232,408 | £325,408 |
| 6 Month Average | 231.822 % | £215,594 | £308,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £256,294 | £252,500 | 2 PAINES COTTAGES RYE HARBOUR ROAD |
| 23 Sep 2022 | £419,611 | £423,000 | ALMOND TREE COTTAGE TRAM ROAD |
| 12 Aug 2022 | £518,604 | £520,000 | PRIORY COTTAGE TRAM ROAD |
| 1 Jul 2022 | £295,796 | £295,000 | 1 STONEWORKS COTTAGES RYE HARBOUR ROAD |
| 14 Apr 2022 | £283,195 | £275,000 | 3 RYE VIEW RYE HARBOUR ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 30 May 2012. Using an estimated price of £297,812 means this house is valued at £3,384 per sq meter (£314 per sq foot).
The average size of a house on LUCAS SHADWELL WAY is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oyster Creek |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Tram Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tram Road |
| Feb 2024 | Anti-social behaviour | On or near Tram Road |