£989,263
This estimated value is based upon the latest sale price for the house of £940,000 on 28 Jan 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 |
|---|---|
| £940,000 | 28 Jan 2022 |
| £430,000 | 10 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 January 2022 the House Price Index for BRIGHTON AND HOVE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £940,000 results in an estimated price of approximately £989,263.
| 28 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £940,000 | £49,263 | £989,263 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | -25.731 % | £-241,870 | £698,129 |
| 3 Month Average | 17.864 % | £167,920 | £1,107,920 |
| 6 Month Average | 5.493 % | £51,637 | £991,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £726,354 | £720,000 | 1 GREEN RIDGE |
| 1 Aug 2023 | £729,885 | £723,500 | 107 VALLEY DRIVE |
| 17 Apr 2023 | £935,068 | £925,000 | 40 GREEN RIDGE |
| 24 Mar 2023 | £853,037 | £845,000 | 30 GREEN RIDGE |
| 28 Feb 2023 | £479,677 | £480,000 | 10 GLEN RISE |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 8 Oct 2021. Using an estimated price of £989,264 means this house is valued at £5,347 per sq meter (£496 per sq foot).
The average size of a house on GLEN RISE CLOSE is 173 sq meters (1,865 sq feet).
This house is the largest in the street with a floor area of 185 sq meters (1,991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Green Ridge | |
| Feb 2024 | Anti-social behaviour | On or near Green Ridge | |
| Feb 2024 | Anti-social behaviour | On or near The Heights | |
| Feb 2024 | Anti-social behaviour | On or near The Heights | |
| Mar 2024 | Public order | Under investigation | On or near Millcroft |