£179,835
This estimated value is based upon the latest sale price for the house of £148,500 on 26 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 |
|---|---|
| £148,500 | 26 Jun 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 £148,500 results in an estimated price of approximately £179,835.
| 26 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £148,500 | £31,335 | £179,835 |
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 | 58.353 % | £86,654 | £235,154 |
| 3 Month Average | 25.756 % | £38,247 | £186,747 |
| 6 Month Average | 5.780 % | £8,583 | £157,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £559,795 | £550,000 | 42 STROUDLEY ROAD |
| 27 Nov 2023 | £507,514 | £500,000 | 38 NEW ENGLAND ROAD |
| 17 Nov 2023 | £626,779 | £617,500 | 46 STROUDLEY ROAD |
| 29 Sep 2023 | £227,914 | £225,000 | BASEMENT FLAT 6A CAMPBELL ROAD |
| 21 Aug 2023 | £501,891 | £497,500 | 6 CAMPBELL ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 Nov 2019. Using an estimated price of £179,836 means this house is valued at £2,644 per sq meter (£245 per sq foot).
The average size of a house on STROUDLEY ROAD is 64 sq meters (699 sq feet).