£511,885
This estimated value is based upon the latest sale price for the house of £425,000 on 31 Mar 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 |
|---|---|
| £425,000 | 31 Mar 2020 |
| £295,000 | 30 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2020 the House Price Index for BRIGHTON AND HOVE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £425,000 results in an estimated price of approximately £511,885.
| 31 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £425,000 | £86,885 | £511,885 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | -6.873 % | £-29,211 | £395,788 |
| 3 Month Average | 2.072 % | £8,805 | £433,805 |
| 6 Month Average | 16.667 % | £70,833 | £495,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £384,922 | £380,000 | 108 ALBION HILL |
| 16 Jun 2023 | £250,029 | £247,000 | GROUND FLOOR FLAT 27 ALBION HILL |
| 17 Apr 2023 | £475,116 | £470,000 | 20 ALBION HILL |
| 9 Mar 2023 | £514,851 | £510,000 | 16 BELGRAVE STREET |
| 30 Aug 2022 | £155,083 | £155,500 | FLAT 2 9 BELGRAVE PLACE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Jul 2019. Using an estimated price of £511,886 means this house is valued at £6,562 per sq meter (£609 per sq foot).
The average size of a house on ALBION HILL is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Scotland Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Belgrave Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belgrave Street |
| Dec 2023 | Drugs | Local resolution | On or near Belgrave Street |
| Feb 2024 | Other crime | Local resolution | On or near Lewes Street |