£514,681
This estimated value is based upon the latest sale price for the house of £425,000 on 15 Jun 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 |
|---|---|
| £425,000 | 15 Jun 2020 |
| £157,500 | 10 Jan 2001 |
| £109,000 | 11 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 June 2020 the House Price Index for BRIGHTON AND HOVE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £425,000 results in an estimated price of approximately £514,681.
| 15 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £425,000 | £89,681 | £514,681 |
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 | 32.182 % | £136,774 | £561,774 |
| 3 Month Average | 35.845 % | £152,339 | £577,339 |
| 6 Month Average | 24.190 % | £102,806 | £527,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £422,985 | £419,000 | FLAT 30 WARNHAM COURT GRAND AVENUE |
| 30 Nov 2022 | £400,153 | £405,000 | FLAT 11 VICTORIA COURT, 16 GRAND AVENUE |
| 16 Nov 2022 | £311,230 | £315,000 | FLAT 14 VICTORIA COURT, 16 GRAND AVENUE |
| 25 Aug 2022 | £371,500 | £372,500 | FLAT 14 15 GRAND AVENUE |
| 9 Jun 2022 | £400,662 | £395,000 | FLAT 26 15 GRAND AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 27 Sep 2019. Using an estimated price of £514,681 means this house is valued at £6,514 per sq meter (£605 per sq foot).
The average size of a house on GRAND AVENUE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Grand Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grand Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grand Avenue |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Grand Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Grand Avenue |