£1,047,528
This estimated value is based upon the latest sale price for the house of £865,000 on 19 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 |
|---|---|
| £865,000 | 19 Jun 2020 |
| £567,500 | 4 Nov 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 £865,000 results in an estimated price of approximately £1,047,528.
| 19 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £865,000 | £182,528 | £1,047,528 |
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 % | £504,755 | £1,369,755 |
| 3 Month Average | 25.756 % | £222,789 | £1,087,789 |
| 6 Month Average | 5.780 % | £49,995 | £914,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £211,997 | £210,000 | GROUND FLOOR FLAT 3 148 SPRINGFIELD ROAD |
| 26 Aug 2022 | £306,675 | £307,500 | FLAT 2 77 SPRINGFIELD ROAD |
| 5 Aug 2022 | £907,557 | £910,000 | 92 RUGBY ROAD |
| 22 Jul 2022 | £116,313 | £116,000 | 170A SPRINGFIELD ROAD |
| 24 Jun 2022 | £349,945 | £345,000 | 118A DITCHLING RISE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 24 Jun 2016. Using an estimated price of £1,047,528 means this house is valued at £6,629 per sq meter (£615 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near London Road |
| Mar 2024 | Public order | Under investigation | On or near Petrol Station |
| Feb 2024 | Anti-social behaviour | On or near Shaftesbury Place | |
| Feb 2024 | Anti-social behaviour | On or near Shaftesbury Place |