£450,716
This estimated value is based upon the latest sale price for the house of £370,000 on 22 Jul 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £370,000 | 22 Jul 2020 |
| £292,500 | 17 Feb 2015 |
| £280,000 | 22 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 July 2020 the House Price Index for EAST SUSSEX was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £370,000 results in an estimated price of approximately £450,716.
| 22 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £370,000 | £80,716 | £450,716 |
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 | 24.940 % | £92,276 | £462,276 |
| 3 Month Average | 18.681 % | £69,120 | £439,120 |
| 6 Month Average | 22.393 % | £82,854 | £452,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 24 Jun 2022 | £449,611 | £440,000 | 25 WELTON RISE |
| 23 Jun 2022 | £469,997 | £459,950 | 40 GREENFIELDS CLOSE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 3 Oct 2014. Using an estimated price of £450,717 means this house is valued at £2,834 per sq meter (£263 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 | Anti-social behaviour | On or near Mistral Close | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mistral Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mistral Close |
| 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 |