£397,129
This estimated value is based upon the latest sale price for the house of £214,950 on 28 Feb 2005. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £214,950 | 28 Feb 2005 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2005 the House Price Index for EAST SUSSEX was 79.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 84.755%.Applying this 84.755% change to the original purchase price of £214,950 results in an estimated price of approximately £397,129.
| 28 Feb 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 146.7 | 84.755 % | £214,950 | £182,179 | £397,129 |
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 | 109.703 % | £235,806 | £450,756 |
| 3 Month Average | 92.238 % | £198,265 | £413,215 |
| 6 Month Average | 110.575 % | £237,681 | £452,631 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 23 Aug 2012.
The average size of a house on WELTON RISE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fleet Wood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenfields Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenfields Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Welton Rise |
| Mar 2024 | Other theft | Under investigation | On or near Harrow Lane |