£508,771
This estimated value is based upon the latest sale price for the house of £388,000 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £388,000 | 21 Dec 2016 |
| £187,000 | 26 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 December 2016 the House Price Index for BRIGHTON AND HOVE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £388,000 results in an estimated price of approximately £508,771.
| 21 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £388,000 | £120,771 | £508,771 |
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 | 23.320 % | £90,481 | £478,481 |
| 3 Month Average | 16.576 % | £64,315 | £452,315 |
| 6 Month Average | 19.062 % | £73,961 | £461,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £886,333 | £875,000 | 116 THE RIDGWAY |
| 27 Apr 2023 | £755,636 | £747,500 | 21 MILLYARD CRESCENT |
| 30 Sep 2022 | £345,212 | £348,000 | 48 KIPLING AVENUE |
| 10 Jun 2022 | £457,465 | £451,000 | 95A THE RIDGWAY |
| 1 Jun 2022 | £484,345 | £477,500 | 109 THE RIDGWAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 6 Oct 2015. Using an estimated price of £508,771 means this house is valued at £5,716 per sq meter (£531 per sq foot).
The average size of a house on THE RIDGWAY is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millyard Crescent |
| Feb 2024 | Vehicle crime | Under investigation | On or near Millyard Crescent |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Millyard Crescent |
| Apr 2024 | Anti-social behaviour | On or near Kipling Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Lockwood Close |