£319,300
This estimated value is based upon the latest sale price for the house of £187,500 on 19 Sep 2012. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
There has been one burglary within the last year on or near Sandbanks Grove
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| Price Paid | Date |
|---|---|
| £187,500 | 19 Sep 2012 |
| £69,950 | 26 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 569 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 2012 the House Price Index for EAST SUSSEX was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £187,500 results in an estimated price of approximately £319,300.
| 19 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £187,500 | £131,800 | £319,300 |
The Postcode Pricing Model uses changes in average sales price within the BN27 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 | 21.599 % | £40,497 | £227,997 |
| 3 Month Average | 30.192 % | £56,609 | £244,109 |
| 6 Month Average | 57.276 % | £107,393 | £294,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £278,752 | £275,000 | 6 SANDBANKS CLOSE |
| 24 Jun 2022 | £294,157 | £290,000 | 66 ERSHAM ROAD |
| 1 Apr 2022 | £319,238 | £310,000 | 5 SANDBANKS CLOSE |
| 30 Mar 2022 | £303,625 | £293,000 | 15 SANDBANKS WAY |
| 18 Feb 2022 | £330,339 | £315,000 | 58 SANDBANKS WAY |
This house has a floor area of 52 sq meters or 569 sq feet when measured on 6 Mar 2012. Using an estimated price of £319,301 means this house is valued at £6,031 per sq meter (£560 per sq foot).
The average size of a house on SANDBANKS GROVE is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Sandbanks Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ersham Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandbanks Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near South Road |