£7,034,843
This estimated value is based upon the latest sale price for the house of £5,300,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £5,300,000 | 25 Nov 2016 |
| Freehold |
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 2016 the House Price Index for BRIGHTON AND HOVE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £5,300,000 results in an estimated price of approximately £7,034,843.
| 25 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £5,300,000 | £1,734,843 | £7,034,843 |
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 | 39.434 % | £2,090,005 | £7,390,005 |
| 3 Month Average | 21.748 % | £1,152,662 | £6,452,662 |
| 6 Month Average | 17.472 % | £926,019 | £6,226,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2022 | £256,687 | £250,000 | FLAT 29 EBENEZER APARTMENTS, 24 IVORY PLACE |
| 6 May 2022 | £278,249 | £271,000 | FLAT 1 27 GRAND PARADE |
| 25 Apr 2022 | £871,434 | £840,000 | 33 RICHMOND PLACE |
| 30 Mar 2022 | £219,226 | £210,000 | FLAT 10 ASHTON LODGE ASHTON RISE |
| 28 Jan 2022 | £259,749 | £245,000 | FLAT 3 16 GRAND PARADE |