£238,844
This estimated value is based upon the latest sale price for the house of £200,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£200,000 | 14 Aug 2020 |
£67,500 | 22 Oct 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 778 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 August 2020 the House Price Index for BRIGHTON AND HOVE was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £200,000 results in an estimated price of approximately £238,844.
14 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.0 | 19.422 % | £200,000 | £38,844 | £238,844 |
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 | -39.665 % | £-79,330 | £120,669 |
3 Month Average | 14.018 % | £28,035 | £228,035 |
6 Month Average | 19.792 % | £39,584 | £239,584 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £297,817 | £295,000 | FLAT 4 LEE BANK GROVE HILL |
21 Jun 2023 | £221,798 | £220,000 | FLAT 17 COURTLANDS ASHTON RISE |
28 Oct 2022 | £256,192 | £260,000 | FLAT 39 NORMANHURST GROVE HILL |
9 Aug 2022 | £297,987 | £300,000 | FLAT 44 NORMANHURST GROVE HILL |
22 Jul 2022 | £254,656 | £255,000 | FLAT 45 RICHMOND HEIGHTS JOHN STREET |
This house has a floor area of 72 sq meters or 778 sq feet when measured on 22 Feb 2012. Using an estimated price of £238,845 means this house is valued at £3,301 per sq meter (£306 per sq foot).
The average size of a house on GROVE HILL is 71 sq meters (768 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Grove Hill |
Mar 2024 | Anti-social behaviour | On or near Grove Hill | |
Mar 2024 | Drugs | Under investigation | On or near Grove Hill |
Mar 2024 | Anti-social behaviour | On or near Grove Hill | |
Mar 2024 | Anti-social behaviour | On or near Grove Hill |