£1,474,147
This estimated value is based upon the latest sale price for the house of £1,187,500 on 30 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 |
---|---|
£1,187,500 | 30 Nov 2018 |
Semi-Detached |
Freehold |
Floor Area: 207 sq meters or 2,228 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 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £1,187,500 results in an estimated price of approximately £1,474,147.
30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £1,187,500 | £286,647 | £1,474,147 |
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 | 47.633 % | £565,645 | £1,753,145 |
3 Month Average | 21.370 % | £253,763 | £1,441,263 |
6 Month Average | 17.696 % | £210,136 | £1,397,636 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £680,000 | £680,000 | 55 FRESHFIELD ROAD |
7 Aug 2023 | £349,809 | £343,500 | GROUND FLOOR FLAT 9 EVELYN TERRACE |
27 Mar 2023 | £1,311,909 | £1,290,000 | 12 EAST DRIVE |
27 Mar 2023 | £1,728,872 | £1,700,000 | 23 EAST DRIVE |
27 Jul 2022 | £1,409,119 | £1,395,000 | 24 SOUTH AVENUE |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 27 Apr 2017. Using an estimated price of £1,474,147 means this house is valued at £7,121 per sq meter (£661 per sq foot).
The average size of a house on EAST DRIVE is 90 sq meters (972 sq feet).