£512,585
This estimated value is based upon the latest sale price for the house of £515,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £515,000 | 27 Jan 2023 |
| £365,000 | 13 May 2019 |
| £250,000 | 5 Oct 2007 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2023 the House Price Index for BRIGHTON AND HOVE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £515,000 results in an estimated price of approximately £512,585.
| 27 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £515,000 | £-2,414 | £512,585 |
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 | -9.400 % | £-48,409 | £466,590 |
| 3 Month Average | -19.587 % | £-100,872 | £414,127 |
| 6 Month Average | -12.343 % | £-63,564 | £451,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £301,463 | £297,000 | 50 SHERBOURNE ROAD |
| 23 Mar 2023 | £429,042 | £425,000 | 154 HANGLETON WAY |
| 10 Feb 2023 | £659,556 | £660,000 | 70 HANGLETON WAY |
| 3 Feb 2023 | £649,563 | £650,000 | 68 HANGLETON WAY |
| 27 Jan 2023 | £512,585 | £515,000 | 63 SPENCER AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Feb 2019. Using an estimated price of £512,585 means this house is valued at £5,960 per sq meter (£553 per sq foot).
The average size of a house on SPENCER AVENUE is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherbourne Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sherbourne Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sherbourne Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sherbourne Way |
| Feb 2024 | Public order | Under investigation | On or near Sherbourne Way |