£417,367
This estimated value is based upon the latest sale price for the house of £360,000 on 30 Nov 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 |
---|---|
£360,000 | 30 Nov 2020 |
£290,000 | 9 Sep 2016 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 November 2020 the House Price Index for BRIGHTON AND HOVE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £360,000 results in an estimated price of approximately £417,367.
30 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £360,000 | £57,367 | £417,367 |
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 | -16.022 % | £-57,680 | £302,319 |
3 Month Average | -3.783 % | £-13,620 | £346,379 |
6 Month Average | 11.480 % | £41,327 | £401,327 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £351,000 | £351,000 | 16 NESBITT ROAD |
23 Aug 2023 | £413,618 | £410,000 | 80 MILNER ROAD |
17 Aug 2023 | £297,604 | £295,000 | GROUND AND LOWER GROUND FLOOR FLAT 109 MILNER ROAD |
29 Jun 2023 | £506,131 | £500,000 | 60 NESBITT ROAD |
10 Nov 2022 | £251,948 | £255,000 | 127B MILNER ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Jul 2020. Using an estimated price of £417,367 means this house is valued at £5,283 per sq meter (£490 per sq foot).
The average size of a house on MILNER ROAD is 71 sq meters (765 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Milner Road |
Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Milner Road |
Feb 2024 | Other crime | Under investigation | On or near Nesbitt Road |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Nesbitt Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nesbitt Road |