£569,273
This estimated value is based upon the latest sale price for the house of £461,000 on 24 Sep 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £461,000 | 24 Sep 2018 |
| £200,000 | 17 Oct 2008 |
| Detached |
| Freehold |
| Floor Area: 62 sq meters or 677 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 2018 the House Price Index for BRIGHTON AND HOVE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £461,000 results in an estimated price of approximately £569,273.
| 24 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £461,000 | £108,273 | £569,273 |
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 | 10.124 % | £46,670 | £507,670 |
| 3 Month Average | 8.075 % | £37,226 | £498,226 |
| 6 Month Average | 21.977 % | £101,314 | £562,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £614,092 | £605,000 | 33 THE RIDGWAY |
| 4 Nov 2022 | £2,806,011 | £2,840,000 | 9 SPEARS WALK |
| 18 Aug 2022 | £528,577 | £530,000 | 12 THE RIDGWAY |
| 12 Aug 2022 | £458,765 | £460,000 | 56 THE BROW |
| 10 Jun 2022 | £438,700 | £432,500 | 1 RIDGWAY CLOSE |
This house has a floor area of 62 sq meters or 677 sq feet when measured on 31 Mar 2009. Using an estimated price of £569,273 means this house is valued at £9,044 per sq meter (£840 per sq foot).
There is one other house on the street which we know the size of, this is 2 WEST VIEW CLOSE it is 76.46
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Ridgway Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ridgway Close |
| Jan 2024 | Anti-social behaviour | On or near Warren Way | |
| Jan 2024 | Anti-social behaviour | On or near Warren Way | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Warren Way |