£1,253,214
This estimated value is based upon the latest sale price for the house of £660,000 on 7 Oct 2004. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £660,000 | 7 Oct 2004 |
| £291,000 | 25 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 298 sq meters or 3,207 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 2004 the House Price Index for EAST SUSSEX was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £660,000 results in an estimated price of approximately £1,253,214.
| 7 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £660,000 | £593,214 | £1,253,214 |
The Postcode Pricing Model uses changes in average sales price within the TN21 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 | 68.651 % | £453,098 | £1,113,098 |
| 3 Month Average | 124.013 % | £818,484 | £1,478,484 |
| 6 Month Average | 90.464 % | £597,061 | £1,257,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £213,587 | £211,000 | 15 WINDSOR COURT CROWN DRIVE |
| 28 Oct 2022 | £2,469,659 | £2,496,250 | PHEASANTRY FARM NEWICK LANE |
| 12 Sep 2022 | £654,713 | £660,000 | SUNNYSIDE MARKLYE LANE |
| 22 Jul 2022 | £481,296 | £480,000 | 2 BLACKBERRY MEWS |
| 30 May 2022 | £202,822 | £199,000 | 9 WINDSOR COURT CROWN DRIVE |
This house has a floor area of 298 sq meters or 3,207 sq feet when measured on 10 Sep 2020. Using an estimated price of £1,253,214 means this house is valued at £4,205 per sq meter (£390 per sq foot).
The average size of a house on NEWICK LANE is 263 sq meters (2,841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Crown Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near Crown Drive |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Stonegate Way |