£280,672
This estimated value is based upon the latest sale price for the house of £155,750 on 16 Dec 2005. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £155,750 | 16 Dec 2005 |
| £93,000 | 22 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2005 the House Price Index for BRIGHTON AND HOVE was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £155,750 results in an estimated price of approximately £280,672.
| 16 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £155,750 | £124,922 | £280,672 |
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 | 69.396 % | £108,083 | £263,833 |
| 3 Month Average | 93.208 % | £145,172 | £300,922 |
| 6 Month Average | 110.087 % | £171,460 | £327,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £255,770 | £252,500 | FLAT 43 COURTLANDS ASHTON RISE |
| 31 Jul 2023 | £299,025 | £295,000 | FLAT 4 LEE BANK GROVE HILL |
| 21 Jun 2023 | £222,698 | £220,000 | FLAT 17 COURTLANDS ASHTON RISE |
| 16 Jun 2023 | £250,029 | £247,000 | GROUND FLOOR FLAT 27 ALBION HILL |
| 17 Apr 2023 | £475,116 | £470,000 | 20 ALBION HILL |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Aug 2017. Using an estimated price of £280,672 means this house is valued at £4,009 per sq meter (£372 per sq foot).
The average size of a house on JOHN STREET is 63 sq meters (686 sq feet).