£889,548
This estimated value is based upon the latest sale price for the house of £725,000 on 24 Sep 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 |
|---|---|
| £725,000 | 24 Sep 2019 |
| £495,000 | 16 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,048 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 September 2019 the House Price Index for BRIGHTON AND HOVE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £725,000 results in an estimated price of approximately £889,548.
| 24 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £725,000 | £164,548 | £889,548 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | -11.504 % | £-83,400 | £641,599 |
| 3 Month Average | 25.585 % | £185,489 | £910,489 |
| 6 Month Average | 15.993 % | £115,951 | £840,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £308,654 | £304,500 | 68A LOWTHER ROAD |
| 19 Jan 2023 | £713,638 | £717,000 | 98 BALFOUR ROAD |
| 11 Aug 2022 | £513,617 | £515,000 | 130 BALFOUR ROAD |
| 28 Jul 2022 | £596,606 | £595,000 | 165 OSBORNE ROAD |
| 27 Jun 2022 | £711,049 | £701,000 | 132 OSBORNE ROAD |
This house has a floor area of 97 sq meters or 1,048 sq feet when measured on 4 Dec 2009. Using an estimated price of £889,549 means this house is valued at £9,131 per sq meter (£848 per sq foot).
The average size of a house on BALFOUR ROAD is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Beacon Close | |
| Jan 2024 | Anti-social behaviour | On or near Beacon Close | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beacon Close |
| Jan 2024 | Anti-social behaviour | On or near Beacon Close | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beacon Close |