£783,477
This estimated value is based upon the latest sale price for the house of £460,000 on 29 Sep 2006. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £460,000 | 29 Sep 2006 |
| £225,000 | 19 Jan 2001 |
| £120,000 | 18 Jan 2000 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 September 2006 the House Price Index for BRIGHTON AND HOVE was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £460,000 results in an estimated price of approximately £783,477.
| 29 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £460,000 | £323,477 | £783,477 |
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 | 83.569 % | £384,417 | £844,417 |
| 3 Month Average | 78.905 % | £362,964 | £822,964 |
| 6 Month Average | 95.266 % | £438,224 | £898,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £475,000 | £475,000 | 41 FALMER GARDENS |
| 15 Jun 2023 | £420,089 | £415,000 | 46 WARREN WAY |
| 27 Mar 2023 | £552,202 | £547,000 | 59 WARREN WAY |
| 12 Aug 2022 | £463,752 | £465,000 | 24A DOWNSWAY |
| 19 Jul 2022 | £451,215 | £450,000 | 39 DOWNSWAY |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 3 Dec 2015. Using an estimated price of £783,477 means this house is valued at £4,927 per sq meter (£457 per sq foot).
The average size of a house on FALMER ROAD is 120 sq meters (1,294 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jan 2024 | Anti-social behaviour | On or near Supermarket |