£299,024
This estimated value is based upon the latest sale price for the house of £295,000 on 31 Jul 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 31 Jul 2023 |
| Flats/Maisonettes |
| Leasehold |
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 2023 the House Price Index for BRIGHTON AND HOVE was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £295,000 results in an estimated price of approximately £299,024.
| 31 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £295,000 | £4,024 | £299,024 |
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 | 5.246 % | £15,474 | £310,474 |
| 3 Month Average | -5.632 % | £-16,613 | £278,386 |
| 6 Month Average | -2.978 % | £-8,785 | £286,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 28 Oct 2022 | £257,230 | £260,000 | FLAT 39 NORMANHURST GROVE HILL |