£418,223
This estimated value is based upon the latest sale price for the house of £335,000 on 26 Jul 2018. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £335,000 | 26 Jul 2018 |
| £277,500 | 6 Jan 2010 |
| £85,000 | 23 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2018 the House Price Index for EAST SUSSEX was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £335,000 results in an estimated price of approximately £418,223.
| 26 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £335,000 | £83,223 | £418,223 |
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 | 38.611 % | £129,347 | £464,347 |
| 3 Month Average | 39.817 % | £133,386 | £468,386 |
| 6 Month Average | 20.611 % | £69,045 | £404,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Feb 2023 | £372,488 | £370,000 | 2 CAMERON CLOSE |
| 8 Nov 2022 | £268,743 | £270,000 | 20 WOLSEY PLACE, 49 LONDON ROAD |
| 3 Oct 2022 | £363,785 | £365,000 | 5 DERWENT CLOSE |
| 3 Aug 2022 | £301,409 | £300,000 | THE BUNGALOW |
| 29 Jul 2022 | £272,733 | £270,000 | 1 WOLSEY PLACE, 49 LONDON ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 21 Mar 2018. Using an estimated price of £418,224 means this house is valued at £4,497 per sq meter (£417 per sq foot).
The average size of a house on GROVELANDS ROAD is 134 sq meters (1,443 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Derwent Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Derwent Close |
| Jul 2024 | Other theft | Under investigation | On or near Derwent Close |
| Jun 2024 | Anti-social behaviour | On or near Pitreavie Drive | |
| Jun 2024 | Anti-social behaviour | On or near Pitreavie Drive |