£591,593
This estimated value is based upon the latest sale price for the house of £470,000 on 12 Feb 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £470,000 | 12 Feb 2018 |
| £195,000 | 31 Jul 2000 |
| £160,000 | 26 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 183 sq meters or 1,976 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 February 2018 the House Price Index for EAST SUSSEX was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £470,000 results in an estimated price of approximately £591,593.
| 12 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £470,000 | £121,593 | £591,593 |
The Postcode Pricing Model uses changes in average sales price within the TN6 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 | 5.917 % | £27,809 | £497,809 |
| 3 Month Average | 13.235 % | £62,206 | £532,206 |
| 6 Month Average | 0.661 % | £3,108 | £473,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £599,206 | £590,000 | 5 WELLAND CLOSE |
| 22 Nov 2023 | £523,283 | £510,000 | 11 WELLAND CLOSE |
| 2 Nov 2023 | £841,357 | £820,000 | 14 COOMBE EDGE |
| 24 Oct 2023 | £634,409 | £620,000 | 11 COOMBE EDGE |
| 9 Mar 2023 | £661,039 | £650,000 | 37 ST RICHARDS ROAD |
This house has a floor area of 183 sq meters or 1,976 sq feet when measured on 19 Aug 2009. Using an estimated price of £591,593 means this house is valued at £3,222 per sq meter (£299 per sq foot).
The average size of a house on WELLAND CLOSE is 146 sq meters (1,572 sq feet).
This house is the largest in the street with a floor area of 183 sq meters (1,976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rother Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rother Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Luxford Road |
| Oct 2024 | Shoplifting | Under investigation | On or near Burton Lane |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Burton Lane |