£394,513
This estimated value is based upon the latest sale price for the house of £390,000 on 28 Feb 2024. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £390,000 | 28 Feb 2024 |
| £211,000 | 15 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 February 2024 the House Price Index for BRIGHTON AND HOVE was 146.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.157%.Applying this 1.157% change to the original purchase price of £390,000 results in an estimated price of approximately £394,513.
| 28 Feb 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.6 | 1.157 % | £390,000 | £4,513 | £394,513 |
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 | 19.080 % | £74,413 | £464,413 |
| 3 Month Average | 2.966 % | £11,568 | £401,568 |
| 6 Month Average | -5.085 % | £-19,832 | £370,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £426,312 | £420,000 | FLAT 6 GROSVENOR MANSIONS OSBORNE VILLAS |
| 24 Aug 2023 | £1,513,238 | £1,500,000 | 157 CHURCH ROAD |
| 28 Jul 2023 | £1,191,030 | £1,175,000 | 74 OSBORNE VILLAS |
| 19 Aug 2022 | £948,447 | £951,000 | 116 CHURCH ROAD |
| 14 Jul 2022 | £399,576 | £398,500 | 16B MEDINA VILLAS |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 20 May 2015.
The average size of a house on MEDINA VILLAS is 92 sq meters (999 sq feet).