£308,346
This estimated value is based upon the latest sale price for the house of £255,000 on 23 Jul 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 |
|---|---|
| £255,000 | 23 Jul 2020 |
| £256,000 | 6 Apr 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2020 the House Price Index for BRIGHTON AND HOVE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £255,000 results in an estimated price of approximately £308,346.
| 23 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £255,000 | £53,346 | £308,346 |
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 | 16.014 % | £40,835 | £295,835 |
| 3 Month Average | 8.352 % | £21,297 | £276,297 |
| 6 Month Average | 19.241 % | £49,065 | £304,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £495,333 | £488,000 | 47 HALLETT ROAD |
| 18 Sep 2023 | £417,843 | £412,500 | 41 RYDE ROAD |
| 14 Sep 2023 | £435,569 | £430,000 | 20 RYDE ROAD |
| 25 Jul 2023 | £481,480 | £475,000 | 231 ELM GROVE |
| 9 Mar 2023 | £1,589,980 | £1,575,000 | AMBULANCE STATION ELM GROVE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 24 Oct 2017. Using an estimated price of £308,347 means this house is valued at £6,560 per sq meter (£609 per sq foot).
The average size of a house on ELM GROVE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ryde Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clayton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clayton Road |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Clayton Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clayton Road |