£267,825
This estimated value is based upon the latest sale price for the house of £183,500 on 22 May 2015. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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Price Paid | Date |
---|---|
£183,500 | 22 May 2015 |
£162,995 | 20 Jun 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 767 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 May 2015 the House Price Index for EAST SUSSEX was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £183,500 results in an estimated price of approximately £267,825.
22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £183,500 | £84,325 | £267,825 |
The Postcode Pricing Model uses changes in average sales price within the BN22 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 | 18.767 % | £34,437 | £217,937 |
3 Month Average | 43.011 % | £78,926 | £262,426 |
6 Month Average | 58.020 % | £106,466 | £289,966 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £300,630 | £298,000 | 6 BREDE CLOSE |
28 Jul 2023 | £329,434 | £325,000 | 3 BREDE CLOSE |
22 Mar 2022 | £181,346 | £175,000 | APARTMENT 2 PENSHURST HOUSE, 6 GROOMBRIDGE AVENUE |
4 Mar 2022 | £170,983 | £165,000 | APARTMENT 24 PENSHURST HOUSE, 6 GROOMBRIDGE AVENUE |
10 Jan 2022 | £368,343 | £350,000 | 8 WAKEHURST ROAD |
This house has a floor area of 71 sq meters or 767 sq feet when measured on 9 Sep 2010. Using an estimated price of £267,826 means this house is valued at £3,754 per sq meter (£348 per sq foot).
The average size of a house on GROOMBRIDGE AVENUE is 76 sq meters (821 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Wakehurst Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wakehurst Road |
Mar 2024 | Shoplifting | Under investigation | On or near Wakehurst Road |
Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Wakehurst Road |
Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Wakehurst Road |