£305,872
This estimated value is based upon the latest sale price for the house of £250,000 on 3 Feb 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 3 Feb 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 February 2020 the House Price Index for BRIGHTON AND HOVE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £250,000 results in an estimated price of approximately £305,872.
| 3 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £250,000 | £55,872 | £305,872 |
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 | 39.334 % | £98,335 | £348,335 |
| 3 Month Average | 9.943 % | £24,858 | £274,858 |
| 6 Month Average | 12.905 % | £32,263 | £282,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £318,429 | £315,000 | 18 PARK GATE SOMERHILL ROAD |
| 16 Mar 2023 | £492,641 | £488,000 | 4 PARK GATE SOMERHILL ROAD |
| 7 Jun 2022 | £356,031 | £351,000 | 30A FARM ROAD |
| 7 Apr 2022 | £463,410 | £450,000 | 20 PARK GATE SOMERHILL ROAD |
| 10 Feb 2022 | £440,452 | £420,000 | FLAT 9 7 LANSDOWNE ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 6 Aug 2019. Using an estimated price of £305,872 means this house is valued at £6,372 per sq meter (£592 per sq foot).
The average size of a house on SOMERHILL ROAD is 75 sq meters (814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Lansdowne Road |
| Feb 2024 | Possession of weapons | Under investigation | On or near Lansdowne Road |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Lansdowne Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Road |