£439,846
This estimated value is based upon the latest sale price for the house of £356,000 on 26 Nov 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Falmer Gardens
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| Price Paid | Date |
|---|---|
| £356,000 | 26 Nov 2019 |
| £340,000 | 24 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2019 the House Price Index for BRIGHTON AND HOVE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £356,000 results in an estimated price of approximately £439,846.
| 26 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £356,000 | £83,846 | £439,846 |
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 | 29.200 % | £103,952 | £459,952 |
| 3 Month Average | 16.006 % | £56,979 | £412,979 |
| 6 Month Average | 8.719 % | £31,038 | £387,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £479,161 | £475,000 | 41 FALMER GARDENS |
| 15 Jun 2023 | £423,487 | £415,000 | 46 WARREN WAY |
| 6 Jan 2023 | £481,286 | £480,000 | 11 SPEARS WALK |
| 4 Nov 2022 | £2,826,782 | £2,840,000 | 9 SPEARS WALK |
| 31 May 2022 | £780,329 | £760,000 | 532 FALMER ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 17 May 2016. Using an estimated price of £439,847 means this house is valued at £6,564 per sq meter (£609 per sq foot).
The average size of a house on FALMER GARDENS is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Falmer Gardens |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Falmer Gardens |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ridgway Close |