Full Address

HARBOUR LODGE, 375 FLAT 2 KINGSWAY
HOVE
HOVE
BRIGHTON AND HOVE
UNITED KINGDOM
BN3 4QD

Estimated Market Value

£179,372

This estimated value is based upon the latest sale price for the house of £180,000 on 13 Oct 2017. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE1

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Map

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Transactions for this house
Price PaidDate
£180,00013 Oct 2017
£110,00015 Dec 2003
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 October 2017 the House Price Index for BRIGHTON AND HOVE was 121.7.

The House Price Index as of 1 Jun 2019 is 121.3 which is a change of -0.349%.

Applying this -0.349% change to the original purchase price of £180,000 gives us an estimated price now of around £179,372.

13 Oct 2017 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
121.7 121.3 -0.349 % £180,000 £-627 £179,372

The Postcode Pricing Model uses changes in average sales price within the BN3 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 -20.924 % £-37,662 £142,337
3 Month Average -10.225 % £-18,404 £161,595
6 Month Average -0.140 % £-252 £179,747

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In October 2017 the average sale price for the 50 nearest sales within two miles of HARBOUR LODGE, 375 FLAT 2 KINGSWAY was £433,632.

In October 2019 the average sale price for the 50 nearest sales was £373,556. This is a change of -13.854%.

So taking the original purchase price of £180,000 and adjusting it by -13.854% gives an estimated price of £155,062.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 13 Oct 2017 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£433,632 £373,556 -13.854 % £180,000 £-24,937 £155,062
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
17 Apr 2019 £439,333 £441,000 27 ST LEONARDS AVENUE
11 Mar 2019 £430,946 £433,000 49 ST LEONARDS AVENUE
4 Mar 2019 £517,533 £520,000 35 ST LEONARDS AVENUE
18 Feb 2019 £146,745 £150,000 63 ST LEONARDS AVENUE
24 Jan 2019 £610,945 £629,950 41 ST LEONARDS GARDENS

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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