£280,475
This estimated value is based upon the latest sale price for the house of £220,000 on 24 Jul 2017. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£220,000 | 24 Jul 2017 |
£129,950 | 31 Aug 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 34 sq meters or 365 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 July 2017 the House Price Index for BRIGHTON AND HOVE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £220,000 results in an estimated price of approximately £280,475.
24 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £220,000 | £60,475 | £280,475 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 20.182 % | £44,400 | £264,400 |
3 Month Average | 26.672 % | £58,677 | £278,677 |
6 Month Average | 23.156 % | £50,943 | £270,943 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £180,000 | £180,000 | FLAT 1 8 SEAFIELD ROAD |
18 Aug 2023 | £126,103 | £125,000 | FLAT 3B 47 ST AUBYNS |
6 Jul 2023 | £359,843 | £355,000 | GROUND FLOOR FLAT 24 OSBORNE VILLAS |
8 Jul 2022 | £340,918 | £340,000 | FLAT 6 6 SEAFIELD ROAD |
11 May 2022 | £815,364 | £800,000 | 16 OSBORNE VILLAS |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 10 Jun 2016. Using an estimated price of £280,476 means this house is valued at £8,249 per sq meter (£766 per sq foot).
The average size of a house on SEAFIELD ROAD is 70 sq meters (756 sq feet).