£688,628
This estimated value is based upon the latest sale price for the house of £600,000 on 1 Dec 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £600,000 | 1 Dec 2020 |
| £191,000 | 15 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 2020 the House Price Index for EAST SUSSEX was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £600,000 results in an estimated price of approximately £688,628.
| 1 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £600,000 | £88,628 | £688,628 |
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 | 4.994 % | £29,964 | £629,964 |
| 3 Month Average | 29.068 % | £174,410 | £774,410 |
| 6 Month Average | 8.764 % | £52,582 | £652,582 |
| 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 |
| 8 Jul 2022 | £541,458 | £540,000 | TREE TOPS STREET END LANE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 3 Jul 2020. Using an estimated price of £688,628 means this house is valued at £5,216 per sq meter (£484 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Highview Road |
| Apr 2024 | Anti-social behaviour | On or near Burwash Road |