£169,879
This estimated value is based upon the latest sale price for the house of £137,500 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £137,500 | 7 Jun 2019 |
| £86,000 | 31 Aug 2001 |
| £65,000 | 25 Apr 2001 |
| £47,000 | 13 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 June 2019 the House Price Index for BRIGHTON AND HOVE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £137,500 results in an estimated price of approximately £169,879.
| 7 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £137,500 | £32,379 | £169,879 |
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 | -1.422 % | £-1,954 | £135,545 |
| 3 Month Average | 6.101 % | £8,389 | £145,889 |
| 6 Month Average | 14.030 % | £19,291 | £156,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £141,236 | £140,000 | FLAT 6 25 - 26 LOWER ROCK GARDENS |
| 2 Feb 2023 | £274,815 | £275,000 | FLAT 2 23 LOWER ROCK GARDENS |
| 26 Jan 2023 | £158,255 | £159,000 | THIRD FLOOR FLAT 12 LOWER ROCK GARDENS |
| 6 Jan 2023 | £293,617 | £295,000 | BASEMENT FLAT 22 LOWER ROCK GARDENS |
| 12 Aug 2022 | £218,412 | £219,000 | FLAT 5 19 LOWER ROCK GARDENS |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 6 Mar 2019. Using an estimated price of £169,879 means this house is valued at £4,718 per sq meter (£438 per sq foot).
The average size of a house on LOWER ROCK GARDENS is 40 sq meters (435 sq feet).