£423,063
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Nov 2012. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Second Avenue
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| Price Paid | Date |
|---|---|
| £250,000 | 12 Nov 2012 |
| £205,000 | 24 Jun 2005 |
| £52,000 | 1 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 911 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 2012 the House Price Index for BRIGHTON AND HOVE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £250,000 results in an estimated price of approximately £423,063.
| 12 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £250,000 | £173,063 | £423,063 |
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 | 71.666 % | £179,165 | £429,165 |
| 3 Month Average | 57.980 % | £144,948 | £394,948 |
| 6 Month Average | 56.735 % | £141,836 | £391,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £361,350 | £356,000 | FLAT 5 9 SECOND AVENUE |
| 19 Jun 2023 | £374,537 | £370,000 | FLAT 5 MALVERN HOUSE, 8 SECOND AVENUE |
| 11 Apr 2023 | £313,374 | £310,000 | 14B SECOND AVENUE |
| 31 Mar 2023 | £413,899 | £410,000 | FLAT 2 MALVERN HOUSE, 8 SECOND AVENUE |
| 23 Feb 2023 | £347,266 | £347,500 | FLAT 7 MALVERN HOUSE, 8 SECOND AVENUE |
This house has a floor area of 84 sq meters or 911 sq feet when measured on 27 Oct 2009. Using an estimated price of £423,064 means this house is valued at £4,995 per sq meter (£464 per sq foot).
The average size of a house on SECOND AVENUE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Second Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Second Avenue |
| Mar 2024 | Public order | Under investigation | On or near Second Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Second Avenue |
| Jan 2024 | Other crime | Under investigation | On or near Second Avenue |