£820,300
This estimated value is based upon the latest sale price for the house of £545,000 on 17 Sep 2014. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £545,000 | 17 Sep 2014 |
| £419,950 | 11 Sep 2009 |
| £325,000 | 1 Nov 2005 |
| £92,000 | 8 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2014 the House Price Index for BRIGHTON AND HOVE was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £545,000 results in an estimated price of approximately £820,300.
| 17 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £545,000 | £275,300 | £820,300 |
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 | 41.434 % | £225,812 | £770,812 |
| 3 Month Average | 25.897 % | £141,139 | £686,139 |
| 6 Month Average | 35.990 % | £196,143 | £741,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £310,000 | £310,000 | 33B COLBOURNE ROAD |
| 21 Sep 2023 | £506,476 | £500,000 | 54 COLBOURNE ROAD |
| 10 Aug 2023 | £428,751 | £425,000 | UPPER MAISONETTE 61 ADDISON ROAD |
| 16 Jun 2023 | £506,131 | £500,000 | 50 COLBOURNE ROAD |
| 31 Mar 2023 | £908,560 | £900,000 | 31 COLBOURNE ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 14 Jan 2014. Using an estimated price of £820,301 means this house is valued at £7,011 per sq meter (£651 per sq foot).
The average size of a house on COLBOURNE ROAD is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Colbourne Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Colbourne Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colbourne Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Colbourne Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Colbourne Road |