£213,680
This estimated value is based upon the latest sale price for the house of £130,000 on 11 Jul 2008. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 11 Jul 2008 |
| £120,000 | 6 Dec 2002 |
| £79,995 | 8 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 July 2008 the House Price Index for BRIGHTON AND HOVE was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £130,000 results in an estimated price of approximately £213,680.
| 11 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.370 % | £130,000 | £83,680 | £213,680 |
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 | 52.332 % | £68,032 | £198,032 |
| 3 Month Average | 78.153 % | £101,598 | £231,598 |
| 6 Month Average | 65.673 % | £85,374 | £215,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £177,630 | £175,000 | 11 CAVENDISH HOUSE KINGS ROAD |
| 10 Nov 2023 | £654,693 | £645,000 | 32 CAVENDISH HOUSE KINGS ROAD |
| 21 Apr 2023 | £303,265 | £300,000 | 6 BURLEIGH COURT, 1 - 2 CAVENDISH PLACE |
| 20 Mar 2023 | £204,931 | £203,000 | 25 CAVENDISH HOUSE KINGS ROAD |
| 10 Mar 2023 | £191,807 | £190,000 | 3 CAVENDISH HOUSE KINGS ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 5 Sep 2018. Using an estimated price of £213,681 means this house is valued at £4,189 per sq meter (£389 per sq foot).
The average size of a house on CAVENDISH PLACE is 51 sq meters (550 sq feet).