£553,583
This estimated value is based upon the latest sale price for the house of £430,000 on 13 Apr 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near South Way
More crime details
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| Price Paid | Date |
|---|---|
| £430,000 | 13 Apr 2017 |
| 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 April 2017 the House Price Index for EAST SUSSEX was 115.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.740%.Applying this 28.740% change to the original purchase price of £430,000 results in an estimated price of approximately £553,583.
| 13 Apr 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.0 | 28.740 % | £430,000 | £123,583 | £553,583 |
The Postcode Pricing Model uses changes in average sales price within the BN7 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 | 46.223 % | £198,757 | £628,757 |
| 3 Month Average | -16.401 % | £-70,522 | £359,477 |
| 6 Month Average | 5.272 % | £22,667 | £452,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £1,159,048 | £1,152,000 | 18 SOUTH WAY |
| 21 Aug 2023 | £417,036 | £414,500 | 14 NEVILL CRESCENT |
| 7 Aug 2023 | £744,528 | £740,000 | 38 HAWKENBURY WAY |
| 27 Jun 2023 | £643,316 | £638,100 | 28 MIDDLE WAY |
| 27 Jun 2023 | £428,474 | £425,000 | 56 MIDDLE WAY |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 22 Sep 2016. Using an estimated price of £553,584 means this house is valued at £6,290 per sq meter (£584 per sq foot).
The average size of a house on SOUTH WAY is 120 sq meters (1,296 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near South Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near South Way |
| Mar 2024 | Anti-social behaviour | On or near Hawkenbury Way | |
| Mar 2024 | Anti-social behaviour | On or near Hawkenbury Way | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawkenbury Way |