£636,275
This estimated value is based upon the latest sale price for the house of £515,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £515,000 | 28 Jun 2019 |
| £290,000 | 11 Jun 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 939 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 2019 the House Price Index for BRIGHTON AND HOVE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £515,000 results in an estimated price of approximately £636,275.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £515,000 | £121,275 | £636,275 |
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 | 11.365 % | £58,528 | £573,528 |
| 3 Month Average | 11.631 % | £59,902 | £574,902 |
| 6 Month Average | 15.748 % | £81,100 | £596,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £661,007 | £653,000 | 1 AMHERST CRESCENT |
| 23 Jan 2023 | £646,952 | £650,000 | 1 MILCOTE AVENUE |
| 16 Dec 2020 | £545,164 | £475,000 | 240 OLD SHOREHAM ROAD |
| 13 Nov 2020 | £695,612 | £600,000 | 46 AMHERST CRESCENT |
| 23 Oct 2020 | £850,485 | £725,000 | 37 AMHERST CRESCENT |
This house has a floor area of 87 sq meters or 939 sq feet when measured on 11 Apr 2009. Using an estimated price of £636,276 means this house is valued at £7,293 per sq meter (£677 per sq foot).
The average size of a house on MILCOTE AVENUE is 120 sq meters (1,301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Milcote Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Milcote Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Milcote Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Milcote Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Aldrington Avenue |