£508,379
This estimated value is based upon the latest sale price for the house of £346,000 on 30 Apr 2015. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £346,000 | 30 Apr 2015 |
| £249,950 | 5 Nov 2004 |
| £200,000 | 17 Jan 2003 |
| 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 April 2015 the House Price Index for BRIGHTON AND HOVE was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £346,000 results in an estimated price of approximately £508,379.
| 30 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £346,000 | £162,379 | £508,379 |
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 | 60.821 % | £210,441 | £556,441 |
| 3 Month Average | 27.640 % | £95,634 | £441,634 |
| 6 Month Average | 32.055 % | £110,911 | £456,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £808,708 | £800,000 | HOVE PLACE BARS 35 - 37 FIRST AVENUE |
| 11 Apr 2023 | £313,374 | £310,000 | 14B SECOND AVENUE |
| 3 Mar 2023 | £146,379 | £145,000 | FLAT 7 27 - 29 FIRST AVENUE |
| 16 Nov 2022 | £528,597 | £535,000 | FLAT 3 16 SECOND AVENUE |
| 1 Aug 2022 | £279,248 | £280,000 | FLAT 7 21 FIRST AVENUE |