£294,423
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Dec 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 |
|---|---|
| £240,000 | 12 Dec 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 647 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 2019 the House Price Index for BRIGHTON AND HOVE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £240,000 results in an estimated price of approximately £294,423.
| 12 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £240,000 | £54,423 | £294,423 |
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 | 4.950 % | £11,880 | £251,880 |
| 3 Month Average | 25.091 % | £60,217 | £300,217 |
| 6 Month Average | 14.443 % | £34,662 | £274,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £506,729 | £500,250 | 9 CUMBERLAND LODGE CUMBERLAND ROAD |
| 24 Mar 2023 | £317,996 | £315,000 | 4 CUMBERLAND LODGE CUMBERLAND ROAD |
| 27 Jan 2023 | £423,007 | £425,000 | 3 CUMBERLAND LODGE CUMBERLAND ROAD |
| 10 Feb 2022 | £335,582 | £320,000 | FLAT 7 CENTENARY HOUSE CUMBERLAND ROAD |
| 8 Feb 2022 | £330,339 | £315,000 | FLAT 12A SHAWCROSS HOUSE, 235 - 237 PRESTON ROAD |
This house has a floor area of 60 sq meters or 647 sq feet when measured on 3 Dec 2011. Using an estimated price of £294,423 means this house is valued at £4,895 per sq meter (£454 per sq foot).
The average size of a house on CUMBERLAND ROAD is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Cumberland Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cumberland Road |
| Dec 2023 | Robbery | Under investigation | On or near Cumberland Road |
| Mar 2024 | Other crime | Under investigation | On or near Cumberland Drive |
| Mar 2024 | Anti-social behaviour | On or near Cumberland Drive |