£214,283
This estimated value is based upon the latest sale price for the house of £172,000 on 30 Apr 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £172,000 | 30 Apr 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 509 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 April 2019 the House Price Index for EAST SUSSEX was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £172,000 results in an estimated price of approximately £214,283.
| 30 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £172,000 | £42,283 | £214,283 |
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 | 34.429 % | £59,217 | £231,217 |
| 3 Month Average | 21.620 % | £37,186 | £209,186 |
| 6 Month Average | 19.620 % | £33,747 | £205,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £240,297 | £235,000 | FLAT 9 WENTWORTH COURT NEW TOWN |
| 17 Aug 2023 | £147,663 | £145,000 | FLAT 2 ALBION HOUSE, 54 HIGH STREET |
| 17 Apr 2023 | £112,097 | £110,000 | FLAT 8 22 - 24 NEW TOWN |
| 10 Mar 2023 | £228,821 | £225,000 | FLAT 6 COBBEECH, 36 NEW TOWN |
| 8 Feb 2023 | £173,157 | £172,000 | FLAT 1B ULVESTON HOUSE, 32 NEW TOWN |
This house has a floor area of 47 sq meters or 509 sq feet when measured on 30 Aug 2011. Using an estimated price of £214,283 means this house is valued at £4,523 per sq meter (£420 per sq foot).
The average size of a house on NEW TOWN is 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Old School Fields |
| Jul 2024 | Other theft | Under investigation | On or near Old School Fields |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harcourt Road |
| May 2024 | Vehicle crime | Under investigation | On or near Longbury |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Police Station |