£500,636
This estimated value is based upon the latest sale price for the house of £265,500 on 23 Dec 2004. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £265,500 | 23 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 December 2004 the House Price Index for BRIGHTON AND HOVE was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £265,500 results in an estimated price of approximately £500,636.
| 23 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £265,500 | £235,136 | £500,636 |
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 | 122.272 % | £324,631 | £590,131 |
| 3 Month Average | 111.271 % | £295,423 | £560,923 |
| 6 Month Average | 113.869 % | £302,323 | £567,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £580,000 | £580,000 | 6 CUMBERLAND TERRACE |
| 1 Mar 2024 | £450,000 | £450,000 | FLAT 35 ORCHARD HOUSE PARK VIEW ROAD |
| 29 Sep 2023 | £430,504 | £425,000 | FLAT 4 ORCHARD HOUSE PARK VIEW ROAD |
| 7 Jul 2023 | £471,344 | £465,000 | FLAT 36 ORCHARD HOUSE PARK VIEW ROAD |
| 17 Mar 2023 | £1,009,511 | £1,000,000 | 28 ORCHARD AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 12 Mar 2019. Using an estimated price of £500,637 means this house is valued at £5,441 per sq meter (£505 per sq foot).
The average size of a house on PARK VIEW ROAD is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Orchard Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Orchard Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Orchard Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Race Track |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Race Track |