£306,223
This estimated value is based upon the latest sale price for the house of £230,000 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 12 Aug 2016 |
| £135,000 | 6 Jul 2007 |
| 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 August 2016 the House Price Index for BRIGHTON AND HOVE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £230,000 results in an estimated price of approximately £306,223.
| 12 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £230,000 | £76,223 | £306,223 |
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 | 1.464 % | £3,366 | £233,366 |
| 3 Month Average | 9.818 % | £22,580 | £252,580 |
| 6 Month Average | 25.420 % | £58,466 | £288,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2022 | £254,801 | £250,000 | FLAT 29 EBENEZER APARTMENTS, 24 IVORY PLACE |
| 22 Apr 2022 | £97,831 | £95,000 | FLAT 1 10 MORLEY STREET |
| 30 Mar 2022 | £217,615 | £210,000 | FLAT 10 ASHTON LODGE ASHTON RISE |
| 16 Feb 2022 | £145,769 | £139,000 | FLAT 122 THE COURTYARD CIRCUS STREET |
| 28 Jan 2022 | £257,840 | £245,000 | FLAT 3 16 GRAND PARADE |