£478,763
This estimated value is based upon the latest sale price for the house of £397,500 on 20 Mar 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 |
|---|---|
| £397,500 | 20 Mar 2020 |
| £385,000 | 30 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 March 2020 the House Price Index for BRIGHTON AND HOVE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £397,500 results in an estimated price of approximately £478,763.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £397,500 | £81,263 | £478,763 |
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 | 13.057 % | £51,901 | £449,401 |
| 3 Month Average | 6.716 % | £26,696 | £424,196 |
| 6 Month Average | 15.789 % | £62,763 | £460,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £475,000 | £475,000 | 41 FALMER GARDENS |
| 11 Jul 2023 | £405,457 | £400,000 | 4 SPEARS WALK |
| 11 Jul 2023 | £405,457 | £400,000 | 2 SPEARS WALK |
| 11 Jul 2023 | £405,457 | £400,000 | 3 SPEARS WALK |
| 11 Jul 2023 | £405,457 | £400,000 | 1 SPEARS WALK |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 8 Sep 2015. Using an estimated price of £478,764 means this house is valued at £3,830 per sq meter (£355 per sq foot).
The average size of a house on FALMER GARDENS is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Public order | Under investigation | On or near Falmer Gardens |
| Apr 2024 | Public order | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |