£643,075
This estimated value is based upon the latest sale price for the house of £650,000 on 24 Oct 2022. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £650,000 | 24 Oct 2022 |
| £485,000 | 7 Sep 2018 |
| £282,500 | 3 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 899 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 October 2022 the House Price Index for BRIGHTON AND HOVE was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £650,000 results in an estimated price of approximately £643,075.
| 24 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £650,000 | £-6,924 | £643,075 |
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 | 0.904 % | £5,877 | £655,877 |
| 3 Month Average | -0.792 % | £-5,146 | £644,853 |
| 6 Month Average | -2.316 % | £-15,051 | £634,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £475,116 | £470,000 | 3 WADHURST RISE |
| 24 Oct 2022 | £643,076 | £650,000 | 34 READING ROAD |
| 24 May 2022 | £540,178 | £530,000 | 69 WILSON AVENUE |
| 24 May 2022 | £475,459 | £466,500 | 2 WADHURST RISE |
| 23 Feb 2022 | £660,678 | £630,000 | 29 READING ROAD |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 10 Aug 2010. Using an estimated price of £643,076 means this house is valued at £7,697 per sq meter (£715 per sq foot).
The average size of a house on READING ROAD is 103 sq meters (1,108 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Reading Road |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Reading Road |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Reading Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wadhurst Rise |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Wadhurst Rise |