3, LEACROFT, EAST GRINSTEAD, RH19 1PL - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 LEACROFT is a small flat of 46m², built sometime between 1996 and 2002, which could now be worth an estimated £207,585. It was last sold for £195,000 in July 2019, which was around 5% below the average July 2019 flat price in the Mid Sussex local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.

3 LEACROFT Sold Prices

Land registry data shows four sales for 3 LEACROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Mid Sussex local authority area for the corresponding sale date. Most of the four 3 LEACROFT sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 5 JUL	£195,000	£205,570	5% below HPI
2005 30 SEP	£150,000	£147,706	2% above HPI
2003 9 MAY	£142,000	£123,895	15% above HPI
2000 25 SEP	£94,500	£84,287	12% above HPI

What might 3 LEACROFT be worth now?

3 LEACROFT might now be worth an estimated £207,585.

This is based on house price inflation of 6.5%, between July 2019 and May 2026, for flats, in the Mid Sussex local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 3 LEACROFT of £195,000 on 5th July 2019. For the value to have increased from £195,000 to £207,585 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 3 LEACROFT has moved in line with the HPI for flats in the Mid Sussex local authority area.
• The July 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LEACROFT has not materially changed since July 2019.

How Large is 3 LEACROFT?

3 LEACROFT is 46m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of flats in East Grinstead, based on EPC data. 21% of flats are smaller than 3 LEACROFT, and 77% of flats are larger. Note that EPC data is not available for all properties in East Grinstead.

3 LEACROFT: Plot

3 LEACROFT sits on a plot of roughly 0.308 of an acre, or 1,248m².

Where is 3 LEACROFT?

3 LEACROFT is located in EAST GRINSTEAD, in the RH19 postcode district.