£255,057
This estimated value is based upon the latest sale price for the house of £220,000 on 25 Nov 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £220,000 | 25 Nov 2020 |
| £210,000 | 16 Nov 2015 |
| £156,000 | 19 Oct 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 465 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 November 2020 the House Price Index for BRIGHTON AND HOVE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £220,000 results in an estimated price of approximately £255,057.
| 25 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £220,000 | £35,057 | £255,057 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 6.033 % | £13,271 | £233,271 |
| 3 Month Average | 18.607 % | £40,934 | £260,934 |
| 6 Month Average | 12.126 % | £26,677 | £246,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £293,956 | £290,000 | FLAT 53 WELLEND VILLAS SPRINGFIELD ROAD |
| 3 Jul 2023 | £299,025 | £295,000 | FLAT 61 WELLEND VILLAS SPRINGFIELD ROAD |
| 12 Aug 2022 | £249,229 | £249,900 | FLAT 4 2 STANFORD AVENUE |
| 1 Apr 2022 | £283,195 | £275,000 | FLAT 84 WELLEND VILLAS SPRINGFIELD ROAD |
| 25 Feb 2022 | £235,956 | £225,000 | FLAT 107 WELLEND VILLAS SPRINGFIELD ROAD |
This house has a floor area of 43 sq meters or 465 sq feet when measured on 24 Nov 2011. Using an estimated price of £255,058 means this house is valued at £5,893 per sq meter (£547 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 71 sq meters (774 sq feet).