£715,829
This estimated value is based upon the latest sale price for the house of £724,500 on 18 Nov 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 |
|---|---|
| £724,500 | 18 Nov 2022 |
| £340,000 | 17 Oct 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 November 2022 the House Price Index for BRIGHTON AND HOVE was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £724,500 results in an estimated price of approximately £715,829.
| 18 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £724,500 | £-8,670 | £715,829 |
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 | -20.963 % | £-151,877 | £572,622 |
| 3 Month Average | -16.644 % | £-120,589 | £603,910 |
| 6 Month Average | -3.544 % | £-25,673 | £698,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £249,363 | £245,000 | 16 NEVILL COURT NEVILL ROAD |
| 1 Nov 2023 | £177,630 | £175,000 | 89A OLD SHOREHAM ROAD |
| 8 Sep 2023 | £663,483 | £655,000 | 107 OLD SHOREHAM ROAD |
| 12 Jul 2023 | £765,300 | £755,000 | 18 NEVILL ROAD |
| 22 Mar 2023 | £610,754 | £605,000 | 48 NEVILL ROAD |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 8 Jul 2021. Using an estimated price of £715,829 means this house is valued at £4,161 per sq meter (£386 per sq foot).
The average size of a house on NEVILL ROAD is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Orchard Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Orchard Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Orchard Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |