New Heritage Way, Lewes, BN8
PU

New Heritage Way, Lewes, BN8

By Purplebricks

£ 425,000

Reviews

3 out of 5 stars

Purplebricks says ..

Offered to the market CHAIN FREE! A generous three bedroom semi-detached modern house with OFF ROAD PARKING, situated on highly sought after semi-rural development in the popular village of North Chailey. The location is favoured for its position on the Northern Edge of Chailey Common and conve...

Property Oracle says ..

The property is a three-bedroom semi-detached house located in North Chailey, Lewes, East Sussex. The list price is £425,000, and the property has a plot size of 912 sqft and is 690.20 sqft in size. Based on the provided images, the property appears to be in good condition. The interior is clean and well-maintained, although some rooms show a personal style of decoration that may not appeal to all buyers. The exterior also appears to be in good order. The garden is a significant feature, with a decked area and pergola. The location in North Chailey is described as semi-rural and on the edge of Chailey Common. The proximity to Chailey Heritage School (Outstanding Ofsted rating), Chailey St Peter’s Church of England Primary School (Good Ofsted rating), and other schools within a reasonable distance is a positive factor for families. The distance to train stations, while not insignificant, may not be a major drawback depending on individual commuting needs. The plot size of 912 sqft is relatively modest. While there is a garden, it’s not exceptionally large. However, for a semi-detached house in this area, the size is reasonable. Considering the average price per sqft in the area is £475, and the list price of £425,000, the price seems reasonable, but not necessarily a bargain. The property is smaller than the average for the area (690.20 sqft vs 1209 sqft). However, the average house price in the area is significantly higher (£574,564), suggesting the property may represent good value for money, especially considering its condition and location. The nearby comparable listings show prices ranging from £275,000 to £825,000, with a noticeable variation in property sizes and types. This makes a definitive price assessment challenging without more precise information on comparable properties.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
690.20
Lot (est)
912.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
574,564.00 £
Decreased by 7.73 %
from 622,679.00 £
Est sale value
327,845.00 £
Increased by 14.46 %
from 286,433.00 £
Average area rental value
8,683.00 £/mo
Increased by 283.02 %
from 2,267.00 £/mo
Est letting value
4,831.40 £/mo
Increased by 600.00 %
from 690.20 £/mo
Est rental Yield
18.13 %
Increased by 314.87 %
from 4.37 %
Crime Rate
178.00 %
Unchanged by 0.00 %
from 178.00 %

Agent Activity

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Chailey Heritage SchoolNon-maintained Special SchoolOutstanding1.98 KM
Chailey St Peter'S Church Of England Primary SchoolVoluntary Controlled SchoolGood2.53 KM
Newick Church Of England Primary SchoolVoluntary Controlled SchoolOutstanding3.44 KM
St Augustine'S Cofe Primary SchoolVoluntary Controlled SchoolGood4.21 KM
Chailey SchoolCommunity SchoolGood4.89 KM

Images

Local Area Local Area Bedroom Family Room Local Area The Property Living / Dining Room Kitchen Bedroom Bedroom

Nearby Transport

NameNLCTLCDistance
Plumpton5332PMP7.69 KM
Cooksbridge5336CBR8.71 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Heritage Way, Lewes, BN8 £ 425,000BUY7 / 100.00 KM
Quibell House, 37 New Heritage Way, North Chailey, BN8 £ 81,000BUY4 / 100.03 KM
New Heritage Way, North Chailey, BN8 £ 550,000BUY6 / 100.05 KM
New Heritage Way, North Chailey £ 825,000BUYUnknown0.31 KM
Warrs Hill Road, North Chailey, BN8 £ 275,000BUYUnknown0.37 KM

Nearby Properties

AddressPriceDistance
4 New Heritage Way £ 490,0000.01 KM
47 New Heritage Way £ 695,0000.01 KM
49 New Heritage Way £ 441,0000.01 KM
12 New Heritage Way £ 245,0000.01 KM
36 New Heritage Way £ 87,5000.01 KM