£409,085
This estimated value is based upon the latest sale price for the house of £305,000 on 18 Aug 2016. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £305,000 | 18 Aug 2016 |
| £277,500 | 12 Mar 2008 |
| £232,500 | 9 Jun 2005 |
| £159,950 | 26 Mar 2002 |
| £90,000 | 7 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2016 the House Price Index for EAST SUSSEX was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £305,000 results in an estimated price of approximately £409,085.
| 18 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £305,000 | £104,085 | £409,085 |
The Postcode Pricing Model uses changes in average sales price within the BN23 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 | 32.010 % | £97,631 | £402,631 |
| 3 Month Average | 18.548 % | £56,569 | £361,569 |
| 6 Month Average | 66.914 % | £204,087 | £509,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £273,401 | £265,000 | 22 SHEFFIELD PARK WAY |
| 15 Aug 2023 | £386,980 | £380,000 | 4 SHEFFIELD PARK WAY |
| 29 Jun 2023 | £272,970 | £267,500 | 29 PILTDOWN WAY |
| 6 Jun 2023 | £168,374 | £165,000 | FLAT 11 DUNE HOUSE, 44 BROAD OAK CLOSE |
| 26 Jul 2022 | £185,862 | £184,000 | FLAT 12 DUNE HOUSE, 44 BROAD OAK CLOSE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 8 Apr 2016. Using an estimated price of £409,085 means this house is valued at £3,409 per sq meter (£316 per sq foot).
The average size of a house on SHEFFIELD PARK WAY is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sheffield Park Way | |
| Apr 2024 | Anti-social behaviour | On or near Sheffield Park Way | |
| Apr 2024 | Anti-social behaviour | On or near Sheffield Park Way | |
| Apr 2024 | Anti-social behaviour | On or near Sheffield Park Way | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Piltdown Way |