£548,064
This estimated value is based upon the latest sale price for the house of £525,000 on 18 Mar 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 |
|---|---|
| £525,000 | 18 Mar 2022 |
| £295,000 | 25 Nov 2005 |
| 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 March 2022 the House Price Index for BRIGHTON AND HOVE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £525,000 results in an estimated price of approximately £548,064.
| 18 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £525,000 | £23,064 | £548,064 |
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 | 35.289 % | £185,264 | £710,264 |
| 3 Month Average | 15.898 % | £83,465 | £608,465 |
| 6 Month Average | 9.911 % | £52,031 | £577,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £150,000 | £150,000 | 14 NEVILL ROAD |
| 8 Sep 2023 | £560,864 | £548,500 | 27 PARK ROAD |
| 23 Mar 2023 | £191,193 | £188,000 | FLAT 5 OLDE PLACE COURT HIGH STREET |
| 26 Jan 2023 | £451,206 | £450,000 | 16 THE CAPE, 11 MARINE DRIVE |
| 28 Nov 2022 | £298,604 | £300,000 | 4 ST JAMES, 8 NEVILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Marine Drive | |
| Jun 2024 | Anti-social behaviour | On or near Marine Drive | |
| Apr 2024 | Other crime | Under investigation | On or near Marine Drive |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Nevill Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nevill Road |