£293,282
This estimated value is based upon the latest sale price for the house of £120,000 on 7 Mar 2003. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £120,000 | 7 Mar 2003 |
| £77,000 | 29 May 2002 |
| £80,000 | 5 Nov 2001 |
| £38,000 | 19 Nov 1999 |
| Flats/Maisonettes |
| Freehold |
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 March 2003 the House Price Index for EAST SUSSEX was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £120,000 results in an estimated price of approximately £293,282.
| 7 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 149.7 | 144.402 % | £120,000 | £173,282 | £293,282 |
The Postcode Pricing Model uses changes in average sales price within the TN38 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 | 264.814 % | £317,777 | £437,777 |
| 3 Month Average | 205.187 % | £246,224 | £366,224 |
| 6 Month Average | 184.203 % | £221,043 | £341,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £210,000 | £210,000 | FLAT 2 OCEAN HEIGHTS, 8 GROSVENOR CRESCENT |
| 8 Dec 2023 | £206,340 | £200,000 | FLAT 7 OCEAN HEIGHTS, 8 GROSVENOR CRESCENT |
| 6 Oct 2023 | £179,067 | £175,000 | FLAT 4 OCEAN HEIGHTS, 8 GROSVENOR CRESCENT |
| 22 Aug 2023 | £285,143 | £280,000 | 1 MEDINA TERRACE |
| 22 Aug 2023 | £285,143 | £280,000 | 7 MEDINA TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Grosvenor Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Grosvenor Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Grosvenor Crescent | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Crescent |
| Aug 2024 | Anti-social behaviour | On or near Parking Area |