£224,395
This estimated value is based upon the latest sale price for the house of £217,500 on 4 Dec 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £217,500 | 4 Dec 2023 |
| £155,000 | 30 Jun 2008 |
| £44,500 | 25 Aug 1999 |
| £37,500 | 29 Oct 1998 |
| £18,300 | 12 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 532 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 December 2023 the House Price Index for BRIGHTON AND HOVE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £217,500 results in an estimated price of approximately £224,395.
| 4 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £217,500 | £6,895 | £224,395 |
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 | -4.884 % | £-10,622 | £206,877 |
| 3 Month Average | -1.968 % | £-4,281 | £213,218 |
| 6 Month Average | 2.016 % | £4,385 | £221,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £224,395 | £217,500 | FLAT 2 15 RICHMOND ROAD |
| 27 Oct 2023 | £659,990 | £645,000 | 52 RICHMOND ROAD |
| 22 Aug 2023 | £229,133 | £225,000 | FLAT 9 21 - 23 RICHMOND ROAD |
| 27 Mar 2023 | £228,821 | £225,000 | FLAT 1 19 RICHMOND PLACE |
| 20 Feb 2023 | £765,111 | £760,000 | 58 RICHMOND ROAD |
This house has a floor area of 49 sq meters or 532 sq feet when measured on 5 Aug 2010. Using an estimated price of £224,395 means this house is valued at £4,537 per sq meter (£421 per sq foot).
The average size of a house on RICHMOND ROAD is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Richmond Road |
| Jul 2024 | Burglary | Under investigation | On or near Mayo Road |
| May 2024 | Possession of weapons | Under investigation | On or near Roundhill Crescent |
| May 2024 | Anti-social behaviour | On or near Prince'S Road | |
| May 2024 | Anti-social behaviour | On or near Prince'S Road |