£1,368,336
This estimated value is based upon the latest sale price for the house of £1,100,000 on 15 Jun 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 |
|---|---|
| £1,100,000 | 15 Jun 2018 |
| £375,000 | 27 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 June 2018 the House Price Index for BRIGHTON AND HOVE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,368,336.
| 15 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £1,100,000 | £268,336 | £1,368,336 |
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 | 16.042 % | £176,464 | £1,276,464 |
| 3 Month Average | 22.326 % | £245,588 | £1,345,588 |
| 6 Month Average | 24.887 % | £273,754 | £1,373,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £622,965 | £615,000 | 5 FULMAR CLOSE |
| 23 Aug 2023 | £1,563,680 | £1,550,000 | 5 ORPEN ROAD |
| 18 Aug 2023 | £1,715,003 | £1,700,000 | 6 ORPEN ROAD |
| 14 Jul 2023 | £354,775 | £350,000 | FLAT 3 279 DYKE ROAD |
| 7 Jun 2023 | £728,828 | £720,000 | 4 FULMAR CLOSE |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 24 Jan 2016. Using an estimated price of £1,368,336 means this house is valued at £6,945 per sq meter (£645 per sq foot).
The average size of a house on HOVE PARK ROAD is 231 sq meters (2,494 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Orpen Road |
| Feb 2024 | Other theft | Under investigation | On or near Orpen Road |
| Feb 2024 | Other theft | Under investigation | On or near Orpen Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near The Martlet |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Droveway |