£273,097
This estimated value is based upon the latest sale price for the house of £230,000 on 25 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 |
|---|---|
| £230,000 | 25 Sep 2020 |
| £186,000 | 24 Apr 2015 |
| £119,000 | 3 Feb 2006 |
| £64,000 | 19 Jan 2001 |
| £32,950 | 29 Aug 1997 |
| £32,000 | 24 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 506 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 £230,000 results in an estimated price of approximately £273,097.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £230,000 | £43,097 | £273,097 |
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 % | £-4,601 | £225,398 |
| 3 Month Average | 2.450 % | £5,635 | £235,635 |
| 6 Month Average | 21.847 % | £50,247 | £280,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £155,000 | £155,000 | 8 BELL MEAD HOLLAND ROAD |
| 18 Aug 2023 | £428,751 | £425,000 | SOUTH COTTAGE THE MEWS LORNA ROAD |
| 18 Aug 2023 | £163,934 | £162,500 | 21 BELL MEAD HOLLAND ROAD |
| 27 Jun 2023 | £227,759 | £225,000 | GROUND FLOOR FLAT 3 LORNA ROAD |
| 28 Apr 2023 | £292,484 | £289,335 | FLAT 1 23 LORNA ROAD |
This house has a floor area of 47 sq meters or 506 sq feet when measured on 17 Nov 2010. Using an estimated price of £273,098 means this house is valued at £5,801 per sq meter (£539 per sq foot).
The average size of a house on LORNA ROAD is 73 sq meters (787 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B2120 |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near B2120 |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near B2120 |
| Mar 2024 | Other theft | Under investigation | On or near Palmeira Place |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Palmeira Place |