£470,234
This estimated value is based upon the latest sale price for the house of £355,000 on 19 Oct 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 |
|---|---|
| £355,000 | 19 Oct 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 October 2016 the House Price Index for BRIGHTON AND HOVE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £355,000 results in an estimated price of approximately £470,234.
| 19 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £355,000 | £115,234 | £470,234 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 0.311 % | £1,103 | £356,103 |
| 3 Month Average | 32.210 % | £114,347 | £469,347 |
| 6 Month Average | 23.911 % | £84,883 | £439,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £248,682 | £245,000 | FLAT 11 PARK MANSIONS, 18 - 20 STANFORD AVENUE |
| 9 Aug 2023 | £524,589 | £520,000 | FLAT 1 9 STANFORD AVENUE |
| 23 Jan 2023 | £348,359 | £350,000 | 16 PRIORY COURT STANFORD AVENUE |
| 12 Aug 2022 | £249,229 | £249,900 | FLAT 4 2 STANFORD AVENUE |
| 28 Jan 2022 | £244,685 | £232,500 | FLAT 9 16 STANFORD AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 23 Mar 2016. Using an estimated price of £470,235 means this house is valued at £4,521 per sq meter (£420 per sq foot).
The average size of a house on STANFORD AVENUE is 70 sq meters (755 sq feet).