£382,242
This estimated value is based upon the latest sale price for the house of £280,000 on 19 Feb 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 |
---|---|
£280,000 | 19 Feb 2016 |
£173,500 | 12 May 2010 |
£133,000 | 5 Mar 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 February 2016 the House Price Index for BRIGHTON AND HOVE was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £280,000 results in an estimated price of approximately £382,242.
19 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 148.6 | 36.515 % | £280,000 | £102,242 | £382,242 |
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 | 41.406 % | £115,935 | £395,935 |
3 Month Average | 27.971 % | £78,319 | £358,319 |
6 Month Average | 25.668 % | £71,870 | £351,870 |
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 59 sq meters or 635 sq feet when measured on 10 Aug 2021. Using an estimated price of £382,243 means this house is valued at £6,478 per sq meter (£601 per sq foot).
The average size of a house on CUMBERLAND ROAD is 79 sq meters (857 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 |