£716,541
This estimated value is based upon the latest sale price for the house of £427,500 on 17 Oct 2012. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£427,500 | 17 Oct 2012 |
£427,500 | 17 Oct 2012 |
£410,000 | 10 Feb 2012 |
£280,000 | 7 Jan 2002 |
Detached |
Freehold |
Floor Area: 71 sq meters or 769 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 2012 the House Price Index for BRIGHTON AND HOVE was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.612%.Applying this 67.612% change to the original purchase price of £427,500 results in an estimated price of approximately £716,541.
17 Oct 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 146.7 | 67.612 % | £427,500 | £289,041 | £716,541 |
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 | 53.093 % | £226,971 | £654,471 |
3 Month Average | 77.027 % | £329,292 | £756,792 |
6 Month Average | 59.492 % | £254,327 | £681,827 |
This house has a floor area of 71 sq meters or 769 sq feet when measured on 11 Aug 2010.
The average size of a house on OLD MILL CLOSE is 141 sq meters (1,521 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (769 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Mill Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Mill Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Overhill Drive |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Overhill Gardens |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Woodlands |