£464,103
This estimated value is based upon the latest sale price for the house of £347,500 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £347,500 | 24 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2016 the House Price Index for BRIGHTON AND HOVE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £347,500 results in an estimated price of approximately £464,103.
| 24 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £347,500 | £116,603 | £464,103 |
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 | 32.430 % | £112,695 | £460,195 |
| 3 Month Average | 16.714 % | £58,080 | £405,580 |
| 6 Month Average | 26.365 % | £91,618 | £439,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £658,419 | £650,000 | 24 NORTHEASE DRIVE |
| 8 Sep 2023 | £455,828 | £450,000 | 6 PARK RISE |
| 31 Aug 2023 | £489,280 | £485,000 | 55 LARK HILL |
| 17 Apr 2023 | £459,952 | £455,000 | 22 PARK RISE |
| 3 Mar 2023 | £357,367 | £354,000 | 4 HIGH PARK AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 8 Jul 2014. Using an estimated price of £464,103 means this house is valued at £5,396 per sq meter (£501 per sq foot).
The average size of a house on LARK HILL is 73 sq meters (788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Park Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Lark Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lark Hill |