£291,936
This estimated value is based upon the latest sale price for the house of £235,000 on 24 May 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 24 May 2018 |
| £113,000 | 9 Dec 2005 |
| £90,000 | 18 May 2001 |
| £45,950 | 18 Aug 1997 |
| £32,000 | 27 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 sq feet |
This model uses changes in the Official Land Registry House Price Index for BRIGHTON AND HOVE to estimate the market value.
When this house was purchased in May 2018 the House Price Index for BRIGHTON AND HOVE was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £235,000 results in an estimated price of approximately £291,936.
| 24 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £235,000 | £56,936 | £291,936 |
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 | 12.890 % | £30,291 | £265,291 |
| 3 Month Average | 25.467 % | £59,848 | £294,848 |
| 6 Month Average | 26.227 % | £61,632 | £296,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Dec 2023 | £260,937 | £256,000 | FLAT 6 21 LOWER ROCK GARDENS |
| 29 Aug 2023 | £140,857 | £140,000 | FLAT 6 25 - 26 LOWER ROCK GARDENS |
| 7 Jul 2023 | £277,626 | £275,000 | FLAT 5 18 ATLINGWORTH STREET |
| 26 Jan 2023 | £157,616 | £159,000 | THIRD FLOOR FLAT 12 LOWER ROCK GARDENS |
| 6 Jan 2023 | £292,431 | £295,000 | BASEMENT FLAT 22 LOWER ROCK GARDENS |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 7 Sep 2020. Using an estimated price of £291,936 means this house is valued at £6,487 per sq meter (£602 per sq foot).
The average size of a house on LOWER ROCK GARDENS is 40 sq meters (435 sq feet).