£370,633
This estimated value is based upon the latest sale price for the house of £227,500 on 12 Jun 2008. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£227,500 | 12 Jun 2008 |
£45,000 | 2 Mar 1995 |
Flats/Maisonettes |
Freehold |
Floor Area: 74 sq meters or 796 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 2008 the House Price Index for BRIGHTON AND HOVE was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £227,500 results in an estimated price of approximately £370,633.
12 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.916 % | £227,500 | £143,133 | £370,633 |
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 | 99.278 % | £225,857 | £453,357 |
3 Month Average | 69.113 % | £157,231 | £384,731 |
6 Month Average | 68.915 % | £156,782 | £384,282 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £504,380 | £500,000 | 180 ELM GROVE |
17 Nov 2023 | £500,710 | £488,000 | 47 HALLETT ROAD |
18 Aug 2023 | £371,704 | £365,000 | 48 TOTLAND ROAD |
18 Jan 2023 | £337,903 | £337,000 | 10 TOTLAND ROAD |
25 Jul 2022 | £540,415 | £535,000 | 63 HALLETT ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Feb 2020. Using an estimated price of £370,633 means this house is valued at £5,008 per sq meter (£465 per sq foot).
The average size of a house on QUEENS PARK ROAD is 95 sq meters (1,024 sq feet).