£234,012
This estimated value is based upon the latest sale price for the house of £132,500 on 31 Mar 2006. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £132,500 | 31 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 March 2006 the House Price Index for BRIGHTON AND HOVE was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £132,500 results in an estimated price of approximately £234,012.
| 31 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £132,500 | £101,512 | £234,012 |
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 | 62.902 % | £83,345 | £215,845 |
| 3 Month Average | 84.758 % | £112,303 | £244,803 |
| 6 Month Average | 109.535 % | £145,134 | £277,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £255,770 | £252,500 | FLAT 43 COURTLANDS ASHTON RISE |
| 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 |
| 28 Oct 2022 | £257,230 | £260,000 | FLAT 39 NORMANHURST GROVE HILL |
| 9 Aug 2022 | £299,195 | £300,000 | FLAT 44 NORMANHURST GROVE HILL |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 Feb 2020. Using an estimated price of £234,012 means this house is valued at £3,492 per sq meter (£324 per sq foot).
The average size of a house on JOHN STREET is 63 sq meters (686 sq feet).