£322,115
This estimated value is based upon the latest sale price for the house of £140,000 on 27 Aug 2003. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 27 Aug 2003 |
| £52,500 | 13 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 542 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 August 2003 the House Price Index for BRIGHTON AND HOVE was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £140,000 results in an estimated price of approximately £322,115.
| 27 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £140,000 | £182,115 | £322,115 |
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 | 135.665 % | £189,930 | £329,930 |
| 3 Month Average | 131.101 % | £183,541 | £323,541 |
| 6 Month Average | 146.904 % | £205,666 | £345,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £277,993 | £275,000 | FLAT 4 4 MEDINA VILLAS |
| 18 Apr 2023 | £909,796 | £900,000 | MEDINA COTTAGE MEDINA PLACE |
| 13 Jan 2023 | £273,711 | £275,000 | FLAT 1 3 MEDINA VILLAS |
| 9 Jan 2023 | £191,597 | £192,500 | FLAT 3 12 MEDINA VILLAS |
| 18 Nov 2022 | £406,452 | £411,375 | FLAT 5 3 MEDINA VILLAS |
This house has a floor area of 50 sq meters or 542 sq feet when measured on 8 Feb 2011. Using an estimated price of £322,116 means this house is valued at £6,393 per sq meter (£593 per sq foot).
The average size of a house on MEDINA VILLAS is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medina Villas |
| Mar 2024 | Drugs | Under investigation | On or near Medina Villas |
| Feb 2024 | Anti-social behaviour | On or near Medina Villas | |
| Feb 2024 | Anti-social behaviour | On or near Medina Villas | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Osborne Villas |