£543,777
This estimated value is based upon the latest sale price for the house of £315,992 on 26 Sep 2008. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £315,992 | 26 Sep 2008 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 September 2008 the House Price Index for EAST SUSSEX was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.086%.Applying this 72.086% change to the original purchase price of £315,992 results in an estimated price of approximately £543,777.
| 26 Sep 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.086 % | £315,992 | £227,785 | £543,777 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 44.759 % | £141,434 | £457,426 |
| 3 Month Average | 74.960 % | £236,866 | £552,858 |
| 6 Month Average | 60.259 % | £190,412 | £506,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £300,630 | £298,000 | 6 BREDE CLOSE |
| 28 Jul 2023 | £329,434 | £325,000 | 3 BREDE CLOSE |
| 22 Mar 2022 | £181,346 | £175,000 | APARTMENT 2 PENSHURST HOUSE, 6 GROOMBRIDGE AVENUE |
| 4 Mar 2022 | £170,983 | £165,000 | APARTMENT 24 PENSHURST HOUSE, 6 GROOMBRIDGE AVENUE |
| 10 Jan 2022 | £368,343 | £350,000 | 8 WAKEHURST ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 6 Jun 2019. Using an estimated price of £543,778 means this house is valued at £4,281 per sq meter (£397 per sq foot).
The average size of a house on GROOMBRIDGE WALK is 155 sq meters (1,668 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Groombridge Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Groombridge Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Groombridge Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Groombridge Avenue |
| Apr 2024 | Anti-social behaviour | On or near Wakehurst Road |