£377,530
This estimated value is based upon the latest sale price for the house of £360,000 on 1 Feb 2022. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £360,000 | 1 Feb 2022 |
| £257,000 | 11 Oct 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 February 2022 the House Price Index for BRIGHTON AND HOVE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £360,000 results in an estimated price of approximately £377,530.
| 1 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £360,000 | £17,530 | £377,530 |
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 | 5.093 % | £18,335 | £378,335 |
| 3 Month Average | 0.116 % | £416 | £360,416 |
| 6 Month Average | 2.712 % | £9,763 | £369,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £400,936 | £395,000 | 36 HOVEDENE CROMWELL ROAD |
| 31 Mar 2023 | £353,329 | £350,000 | 26 HOVEDENE CROMWELL ROAD |
| 7 Mar 2023 | £423,995 | £420,000 | 5 HOVEDENE CROMWELL ROAD |
| 27 Jan 2023 | £218,969 | £220,000 | FLAT 5 98 CROMWELL ROAD |
| 25 Oct 2022 | £420,473 | £425,000 | 39 HOVEDENE CROMWELL ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 21 Nov 2013. Using an estimated price of £377,530 means this house is valued at £6,741 per sq meter (£626 per sq foot).
The average size of a house on CROMWELL ROAD is 62 sq meters (674 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Selborne Place | |
| Feb 2024 | Drugs | Under investigation | On or near Selborne Place |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Selborne Place |
| Feb 2024 | Theft from the person | Under investigation | On or near Selborne Place |
| Feb 2024 | Anti-social behaviour | On or near Selborne Place |