£748,050
This estimated value is based upon the latest sale price for the house of £630,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £630,000 | 4 Sep 2020 |
| £565,000 | 14 Sep 2018 |
| £320,000 | 30 Oct 2009 |
| £68,000 | 25 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2020 the House Price Index for BRIGHTON AND HOVE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £630,000 results in an estimated price of approximately £748,050.
| 4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £630,000 | £118,050 | £748,050 |
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 | -2.001 % | £-12,604 | £617,395 |
| 3 Month Average | 2.450 % | £15,435 | £645,435 |
| 6 Month Average | 21.847 % | £137,633 | £767,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £284,208 | £280,000 | FLAT 3 OSBORNE MANSIONS, 17 ST CATHERINES TERRACE |
| 19 Sep 2023 | £341,871 | £337,500 | FLAT 8A VERNER HOUSE, 1 - 7 VICTORIA TERRACE |
| 14 Jul 2023 | £286,354 | £282,500 | FLAT 6 OSBORNE MANSIONS, 17 ST CATHERINES TERRACE |
| 16 Jun 2023 | £218,649 | £216,000 | 14 ST CATHERINES TERRACE |
| 8 Feb 2023 | £119,919 | £120,000 | 1A SUSSEX ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 20 Jun 2019. Using an estimated price of £748,050 means this house is valued at £5,582 per sq meter (£518 per sq foot).
The average size of a house on SUSSEX ROAD is 147 sq meters (1,583 sq feet).