£490,454
This estimated value is based upon the latest sale price for the house of £440,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £440,000 | 29 Oct 2021 |
| £282,000 | 11 Aug 2011 |
| £260,000 | 27 Feb 2006 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,376 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 October 2021 the House Price Index for EAST SUSSEX was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £440,000 results in an estimated price of approximately £490,454.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £440,000 | £50,454 | £490,454 |
The Postcode Pricing Model uses changes in average sales price within the TN38 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 | -10.850 % | £-47,738 | £392,261 |
| 3 Month Average | -13.030 % | £-57,331 | £382,668 |
| 6 Month Average | -9.701 % | £-42,682 | £397,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £417,500 | £417,500 | 12 WITTERSHAM RISE |
| 24 Nov 2023 | £264,720 | £258,000 | 28 NORTHIAM RISE |
| 8 Sep 2023 | £265,861 | £260,000 | 25 NORTHIAM RISE |
| 2 Jun 2023 | £301,033 | £295,000 | 5 WARWICK PLACE |
| 21 Apr 2023 | £412,720 | £405,000 | 24 KENSINGTON CLOSE |
This house has a floor area of 127 sq meters or 1,376 sq feet when measured on 10 Jun 2011. Using an estimated price of £490,454 means this house is valued at £3,834 per sq meter (£356 per sq foot).
The average size of a house on WITTERSHAM RISE is 139 sq meters (1,503 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wittersham Rise |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hartfield Meadow |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beckley Close |
| Aug 2024 | Anti-social behaviour | On or near Kensington Close | |
| Aug 2024 | Anti-social behaviour | On or near Kensington Close |