£439,424
This estimated value is based upon the latest sale price for the house of £317,500 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £317,500 | 18 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2015 the House Price Index for BRIGHTON AND HOVE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £317,500 results in an estimated price of approximately £439,424.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £317,500 | £121,924 | £439,424 |
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 | 11.495 % | £36,495 | £353,995 |
| 3 Month Average | 19.377 % | £61,521 | £379,021 |
| 6 Month Average | 37.144 % | £117,932 | £435,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £474,525 | £467,500 | 61 NEWMARKET ROAD |
| 16 Feb 2023 | £402,729 | £403,000 | 30 BEAR ROAD |
| 4 Nov 2022 | £479,196 | £485,000 | 28 BEAR ROAD |
| 13 Jul 2022 | £457,231 | £456,000 | 78 NEWMARKET ROAD |
| 16 Jun 2022 | £355,017 | £350,000 | GROUND AND FIRST FLOOR MAISONETTE 23 NEWMARKET ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 22 Aug 2015. Using an estimated price of £439,424 means this house is valued at £5,231 per sq meter (£485 per sq foot).
The average size of a house on RILEY ROAD is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bus/Coach Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bus/Coach Station |
| Mar 2024 | Anti-social behaviour | On or near Bus/Coach Station | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bus/Coach Station |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bus/Coach Station |