£651,260
This estimated value is based upon the latest sale price for the house of £597,750 on 17 Nov 2021. 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 Stone Cross
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| Price Paid | Date |
|---|---|
| £597,750 | 17 Nov 2021 |
| £136,000 | 4 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 November 2021 the House Price Index for EAST SUSSEX was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £597,750 results in an estimated price of approximately £651,260.
| 17 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £597,750 | £53,510 | £651,260 |
The Postcode Pricing Model uses changes in average sales price within the TN20 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 | 155.575 % | £929,946 | £1,527,696 |
| 3 Month Average | 12.384 % | £74,023 | £671,773 |
| 6 Month Average | -7.451 % | £-44,541 | £553,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £1,263,835 | £1,225,000 | WOODNORTON STONE CROSS |
| 2 Sep 2022 | £459,693 | £460,000 | RIDUNA ROSELANDS AVENUE |
| 31 Aug 2022 | £1,406,577 | £1,400,000 | RANMOOR |
| 31 Aug 2022 | £954,463 | £950,000 | HAWKSWOOD NEWICK LANE |
| 27 Jul 2022 | £398,998 | £395,000 | ALLFARTHINGS WEST STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 20 Aug 2021. Using an estimated price of £651,260 means this house is valued at £6,202 per sq meter (£576 per sq foot).
The average size of a house on NEWICK LANE is 198 sq meters (2,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Stone Cross |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Station Approach |
| Jul 2024 | Vehicle crime | Under investigation | On or near Rothermead |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Victoria Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |