£422,435
This estimated value is based upon the latest sale price for the house of £260,000 on 14 Nov 2013. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 14 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2013 the House Price Index for BRIGHTON AND HOVE was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £260,000 results in an estimated price of approximately £422,435.
| 14 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £260,000 | £162,435 | £422,435 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 71.990 % | £187,174 | £447,174 |
| 3 Month Average | 42.395 % | £110,227 | £370,227 |
| 6 Month Average | 50.365 % | £130,947 | £390,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £585,240 | £575,000 | 2 PRINSEP ROAD |
| 23 Mar 2023 | £678,507 | £672,115 | 41 SHAKESPEARE STREET |
| 4 Jul 2022 | £305,823 | £305,000 | GROUND FLOOR FLAT 40 PRINSEP ROAD |
| 8 Jun 2022 | £284,014 | £280,000 | 8 SHERIDAN MANSIONS SHERIDAN TERRACE |
| 26 Apr 2022 | £896,029 | £870,101 | 32 PRINSEP ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Aug 2013. Using an estimated price of £422,435 means this house is valued at £5,786 per sq meter (£537 per sq foot).
The average size of a house on SHERIDAN TERRACE is 67 sq meters (726 sq feet).