£59,908
This estimated value is based upon the latest sale price for the house of £33,000 on 19 Dec 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £33,000 | 19 Dec 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 December 2005 the House Price Index for EAST SUSSEX was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £33,000 results in an estimated price of approximately £59,908.
| 19 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £33,000 | £26,908 | £59,908 |
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 | 84.939 % | £28,029 | £61,029 |
| 3 Month Average | 81.708 % | £26,963 | £59,963 |
| 6 Month Average | 63.161 % | £20,843 | £53,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2024 | £325,000 | £325,000 | 36 NEWNHAM WAY |
| 2 May 2024 | £350,000 | £350,000 | 35 WALDRON THORNS |
| 25 Mar 2024 | £179,762 | £177,000 | 9 LEEVES WAY |
| 20 Nov 2023 | £379,637 | £370,000 | 75 SWAINES WAY |
| 2 Nov 2023 | £461,720 | £450,000 | THE FERNS THORNY CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 16 Sep 2020. Using an estimated price of £59,908 means this house is valued at £1,109 per sq meter (£103 per sq foot).
The average size of a house on NEWNHAM WAY is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Waldron Thorns |
| Aug 2024 | Anti-social behaviour | On or near Waldron Thorns | |
| Aug 2024 | Anti-social behaviour | On or near Waldron Thorns | |
| Aug 2024 | Anti-social behaviour | On or near Waldron Thorns | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Leeves Way |