£341,743
This estimated value is based upon the latest sale price for the house of £89,950 on 5 Apr 2000. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £89,950 | 5 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 April 2000 the House Price Index for EAST SUSSEX was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £89,950 results in an estimated price of approximately £341,743.
| 5 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 148.6 | 279.926 % | £89,950 | £251,793 | £341,743 |
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 | 181.157 % | £162,950 | £252,900 |
| 3 Month Average | 209.949 % | £188,849 | £278,799 |
| 6 Month Average | 281.940 % | £253,604 | £343,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £177,146 | £175,000 | 12 WOLSEY PLACE, 49 LONDON ROAD |
| 6 Feb 2023 | £369,751 | £370,000 | 2 CAMERON CLOSE |
| 8 Nov 2022 | £266,769 | £270,000 | 20 WOLSEY PLACE, 49 LONDON ROAD |
| 3 Oct 2022 | £361,112 | £365,000 | 5 DERWENT CLOSE |
| 3 Aug 2022 | £299,195 | £300,000 | THE BUNGALOW |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 15 May 2015. Using an estimated price of £341,744 means this house is valued at £3,559 per sq meter (£330 per sq foot).
The average size of a house on GROVELANDS ROAD is 134 sq meters (1,443 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near The Cedars |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Cedars |