£302,265
This estimated value is based upon the latest sale price for the house of £81,700 on 18 Aug 2000. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£81,700 | 18 Aug 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 August 2000 the House Price Index for BRIGHTON AND HOVE was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £81,700 results in an estimated price of approximately £302,265.
18 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.2 | 148.6 | 269.970 % | £81,700 | £220,565 | £302,265 |
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 | 357.613 % | £292,169 | £373,869 |
3 Month Average | 327.524 % | £267,586 | £349,286 |
6 Month Average | 313.014 % | £255,732 | £337,432 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £506,729 | £500,250 | 9 CUMBERLAND LODGE CUMBERLAND ROAD |
24 Mar 2023 | £317,996 | £315,000 | 4 CUMBERLAND LODGE CUMBERLAND ROAD |
27 Jan 2023 | £423,007 | £425,000 | 3 CUMBERLAND LODGE CUMBERLAND ROAD |
10 Feb 2022 | £335,582 | £320,000 | FLAT 7 CENTENARY HOUSE CUMBERLAND ROAD |
8 Feb 2022 | £330,339 | £315,000 | FLAT 12A SHAWCROSS HOUSE, 235 - 237 PRESTON ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 29 Jul 2021. Using an estimated price of £302,266 means this house is valued at £7,196 per sq meter (£668 per sq foot).
The average size of a house on CUMBERLAND ROAD is 79 sq meters (857 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Under investigation | On or near Cumberland Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cumberland Road |
Mar 2024 | Anti-social behaviour | On or near Cumberland Drive | |
Mar 2024 | Anti-social behaviour | On or near Cumberland Drive | |
Mar 2024 | Other crime | Under investigation | On or near Cumberland Drive |