£967,328
This estimated value is based upon the latest sale price for the house of £785,000 on 2 Nov 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 |
|---|---|
| £785,000 | 2 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 224 sq meters or 2,411 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 November 2018 the House Price Index for BRIGHTON AND HOVE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £785,000 results in an estimated price of approximately £967,328.
| 2 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £785,000 | £182,328 | £967,328 |
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 | 21.253 % | £166,834 | £951,834 |
| 3 Month Average | 11.809 % | £92,703 | £877,703 |
| 6 Month Average | 16.390 % | £128,665 | £913,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £479,192 | £475,000 | FIRST FLOOR FLAT 16 PORTLAND ROAD |
| 3 Aug 2023 | £1,462,797 | £1,450,000 | 27 PEMBROKE AVENUE |
| 23 Jun 2023 | £280,396 | £277,000 | 5C PORTLAND ROAD |
| 14 Mar 2023 | £1,070,082 | £1,060,000 | 10 PEMBROKE CRESCENT |
| 23 Feb 2023 | £924,378 | £925,000 | 28 PORTLAND ROAD |
This house has a floor area of 224 sq meters or 2,411 sq feet when measured on 9 Jun 2021. Using an estimated price of £967,328 means this house is valued at £4,318 per sq meter (£401 per sq foot).
The average size of a house on PEMBROKE CRESCENT is 142 sq meters (1,538 sq feet).