£211,291
This estimated value is based upon the latest sale price for the house of £200,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £200,000 | 25 Feb 2022 |
| £145,000 | 30 Nov 2018 |
| £26,000 | 8 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2022 the House Price Index for EAST SUSSEX was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £200,000 results in an estimated price of approximately £211,291.
| 25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £200,000 | £11,291 | £211,291 |
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 | 7.492 % | £14,984 | £214,984 |
| 3 Month Average | -0.602 % | £-1,204 | £198,795 |
| 6 Month Average | -4.795 % | £-9,589 | £190,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £197,485 | £193,000 | 35 CAMPBELL COURT GRESHAM WAY |
| 10 Aug 2023 | £473,541 | £465,000 | 53 GRESHAM WAY |
| 20 Apr 2023 | £188,526 | £185,000 | 29 CAMPBELL COURT GRESHAM WAY |
| 29 Jul 2022 | £214,146 | £212,000 | 11 CAMPBELL COURT GRESHAM WAY |
| 28 Feb 2022 | £316,937 | £300,000 | 2 WESTERLEIGH CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 May 2018. Using an estimated price of £211,291 means this house is valued at £3,107 per sq meter (£288 per sq foot).
The average size of a house on WELLIS GARDENS is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gresham Way |
| Oct 2024 | Anti-social behaviour | On or near Jubilee Gardens | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Gardens |
| Oct 2024 | Anti-social behaviour | On or near Jubilee Gardens | |
| Oct 2024 | Anti-social behaviour | On or near Jubilee Gardens |