40, East Way
40, East Way
Description & Estimates
40, East Way, Lewes is recorded publicly as an early-century freehold house across 721 ft2 of internal area, sitting on a 388 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, East Way, Lewes is £472,370 and its rental estimate is £2,022 per month, given the available information and assuming reasonable condition.
East Way, Lewes, BN7 falls within the BN7 postal district, in the borough of Lewes.
Our Data Sources
40, East Way, Lewes has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, East Way, Lewes, we estimate a market value of £495,989 and a rental value of £2,123 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £439,304 and £1,880 per month respectively.
Recent Market Change
Over the last year, 40, East Way, Lewes has seen its estimated sale value decrease by £7,601 (1.6%) and its estimated rental value grow by £67 per month (3.3%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 40, East Way, Lewes as measuring 388 m2.
That makes it the 15th largest plot in the postcode, where 31 of the 34 other houses have recorded plot data.
Energy Efficiency
40, East Way, Lewes has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, East Way, Lewes completed on 8th January 2021 at £365,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 4.0% over the period since January 2021.
- Sold Jan 2021£365,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, East Way, Lewes have sold within a radius of 890 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2021, was 42, East Way, Lewes, BN7 1NG, a freehold house which sold for £512,000.
Read more about house prices in BN7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 34 addresses on East Way, Lewes, BN7, 40, East Way, Lewes comes out as the 27th largest and the 26th most expensive in our analysis of the public data.
It is also £80k less expensive than the average property across the BN7 district.
More reading links
Schools Nearby
- 400mWallands Community Primary and Nursery School
- 1.5kmWestern Road Community Primary School
- 1.5kmSouthover CofE Primary School
- 2.2kmPriory School
- 5.9kmKing's Academy Ringmer
- 6.2kmBrighton Aldridge Community Academy
More reading links
Public Transport Nearby
From 40, East Way, Lewes, the nearest station is Lewes, 1.8 kilometres away.
- 1.8kmLewes
- 2.8kmCooksbridge
- 5.6kmFalmer
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
