£343,895
This estimated value is based upon the latest sale price for the house of £272,500 on 19 Oct 2017. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £272,500 | 19 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 October 2017 the House Price Index for EAST SUSSEX was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £272,500 results in an estimated price of approximately £343,895.
| 19 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £272,500 | £71,395 | £343,895 |
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 | -7.219 % | £-19,671 | £252,828 |
| 3 Month Average | -6.794 % | £-18,514 | £253,985 |
| 6 Month Average | 22.179 % | £60,436 | £332,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £626,004 | £618,000 | 8 ERIDGE GARDENS |
| 15 Jul 2022 | £476,282 | £475,000 | 6 SEFTON CHASE |
| 15 Jun 2022 | £441,236 | £435,000 | LITTLE LINDENS MILL CRESCENT |
| 27 May 2022 | £570,754 | £560,000 | 25 ERIDGE DRIVE |
| 3 Dec 2021 | £487,477 | £455,000 | 2 SEFTON WAY |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Apr 2019. Using an estimated price of £343,895 means this house is valued at £3,779 per sq meter (£351 per sq foot).
The average size of a house on WEALDEN CLOSE is 72 sq meters (782 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sussex View Close |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Sussex View Close |
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Petrol Station |