£583,828
This estimated value is based upon the latest sale price for the house of £340,000 on 24 Feb 2011. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 24 Feb 2011 |
| £355,000 | 25 Apr 2007 |
| £288,000 | 6 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 868 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 February 2011 the House Price Index for BRIGHTON AND HOVE was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £340,000 results in an estimated price of approximately £583,828.
| 24 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £340,000 | £243,828 | £583,828 |
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 | 99.373 % | £337,866 | £677,866 |
| 3 Month Average | 75.067 % | £255,229 | £595,229 |
| 6 Month Average | 71.550 % | £243,270 | £583,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £685,143 | £675,000 | 5B CAMBRIDGE GROVE |
| 17 Jul 2023 | £532,162 | £525,000 | 5A CAMBRIDGE GROVE |
| 11 Oct 2022 | £267,124 | £270,000 | FLAT 3 26 CROMWELL ROAD |
| 7 Jul 2022 | £571,539 | £570,000 | 14B CAMBRIDGE GROVE |
| 30 Jun 2022 | £304,300 | £300,000 | 20C CAMBRIDGE GROVE |
This house has a floor area of 80 sq meters or 868 sq feet when measured on 14 Sep 2010. Using an estimated price of £583,828 means this house is valued at £7,238 per sq meter (£672 per sq foot).
The average size of a house on CAMBRIDGE GROVE is 96 sq meters (1,042 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Awaiting court outcome | On or near Cambridge Mews |
| Feb 2024 | Public order | Under investigation | On or near Cambridge Mews |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cambridge Mews |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cambridge Mews |
| Jan 2024 | Public order | Under investigation | On or near Cambridge Mews |