£371,069
This estimated value is based upon the latest sale price for the house of £350,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £350,000 | 7 Jan 2022 |
| £142,225 | 12 Sep 2017 |
| £179,950 | 28 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 January 2022 the House Price Index for EAST SUSSEX was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £350,000 results in an estimated price of approximately £371,069.
| 7 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £350,000 | £21,069 | £371,069 |
The Postcode Pricing Model uses changes in average sales price within the TN37 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 | -11.554 % | £-40,440 | £309,559 |
| 3 Month Average | 0.463 % | £1,618 | £351,618 |
| 6 Month Average | 7.376 % | £25,814 | £375,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £270,000 | £270,000 | 6 LITTLE RIDGE AVENUE |
| 20 Oct 2023 | £322,321 | £315,000 | 7 WELTON RISE |
| 21 Jun 2023 | £209,192 | £205,000 | 3 GREENFIELDS CLOSE |
| 6 Sep 2022 | £324,783 | £325,000 | 12 WELTON RISE |
| 27 Jul 2022 | £422,231 | £418,000 | 60 WELTON RISE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 Jul 2021. Using an estimated price of £371,069 means this house is valued at £4,122 per sq meter (£383 per sq foot).
The average size of a house on WELTON RISE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Welton Rise |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Welton Rise |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Welton Rise |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welton Rise |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welton Rise |