£255,688
This estimated value is based upon the latest sale price for the house of £255,000 on 22 Jul 2022. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£255,000 | 22 Jul 2022 |
£159,000 | 9 Jan 2012 |
£124,950 | 22 Apr 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 747 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 July 2022 the House Price Index for BRIGHTON AND HOVE was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £255,000 results in an estimated price of approximately £255,688.
22 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 148.6 | 0.270 % | £255,000 | £688 | £255,688 |
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 | -13.134 % | £-33,490 | £221,509 |
3 Month Average | -6.961 % | £-17,750 | £237,249 |
6 Month Average | 2.611 % | £6,659 | £261,659 |
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 69 sq meters or 747 sq feet when measured on 26 Sep 2011. Using an estimated price of £255,688 means this house is valued at £3,681 per sq meter (£342 per sq foot).
The average size of a house on JOHN STREET is 63 sq meters (686 sq feet).