£576,579
This estimated value is based upon the latest sale price for the house of £470,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £470,000 | 6 Dec 2019 |
| £60,000 | 7 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 December 2019 the House Price Index for EAST SUSSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £470,000 results in an estimated price of approximately £576,579.
| 6 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £470,000 | £106,579 | £576,579 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | -11.970 % | £-56,258 | £413,741 |
| 3 Month Average | 3.663 % | £17,217 | £487,217 |
| 6 Month Average | 9.046 % | £42,518 | £512,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £356,233 | £350,000 | 63 ELM GROVE |
| 24 Nov 2023 | £309,583 | £305,000 | FLAT 14 12 - 14 WELLINGTON ROAD |
| 26 Sep 2023 | £238,044 | £235,000 | 17A ELM GROVE |
| 7 Nov 2022 | £234,164 | £237,000 | LOWER GROUND FLOOR FLAT 41 ELM GROVE |
| 29 Jul 2022 | £266,718 | £266,000 | FLAT 11 12 - 14 WELLINGTON ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 13 Jun 2019. Using an estimated price of £576,579 means this house is valued at £4,765 per sq meter (£442 per sq foot).
The average size of a house on ELM GROVE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Milton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Milton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Milton Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Milton Road |