£302,056
This estimated value is based upon the latest sale price for the house of £69,000 on 17 Jun 1999. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Victoria Grove
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| Price Paid | Date |
|---|---|
| £69,000 | 17 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 June 1999 the House Price Index for BRIGHTON AND HOVE was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £69,000 results in an estimated price of approximately £302,056.
| 17 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.6 | 337.762 % | £69,000 | £233,056 | £302,056 |
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 | 417.257 % | £287,907 | £356,907 |
| 3 Month Average | 404.308 % | £278,972 | £347,972 |
| 6 Month Average | 436.064 % | £300,883 | £369,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £361,350 | £356,000 | FLAT 5 9 SECOND AVENUE |
| 23 Jun 2023 | £303,678 | £300,000 | FLAT 3 8 GRAND AVENUE |
| 19 Jun 2023 | £374,537 | £370,000 | FLAT 5 MALVERN HOUSE, 8 SECOND AVENUE |
| 11 Apr 2023 | £313,374 | £310,000 | 14B SECOND AVENUE |
| 31 Mar 2023 | £353,329 | £350,000 | FLAT 8 7 GRAND AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 22 Nov 2018. Using an estimated price of £302,056 means this house is valued at £4,871 per sq meter (£452 per sq foot).
The average size of a house on SECOND AVENUE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Victoria Grove |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Victoria Grove |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Grove |
| Jan 2024 | Anti-social behaviour | On or near Victoria Grove |