£687,200
This estimated value is based upon the latest sale price for the house of £400,000 on 20 May 2012. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 20 May 2012 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,212 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 May 2012 the House Price Index for BRIGHTON AND HOVE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £400,000 results in an estimated price of approximately £687,200.
| 20 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £400,000 | £287,200 | £687,200 |
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 | 73.112 % | £292,446 | £692,446 |
| 3 Month Average | 78.846 % | £315,383 | £715,383 |
| 6 Month Average | 71.991 % | £287,962 | £687,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £291,456 | £282,500 | 56 THE PRIORY LONDON ROAD |
| 28 Nov 2023 | £292,423 | £285,000 | 59 THE PRIORY LONDON ROAD |
| 21 Aug 2023 | £295,327 | £290,000 | 80 THE PRIORY LONDON ROAD |
| 16 Jun 2023 | £270,419 | £265,000 | 44 THE PRIORY LONDON ROAD |
| 5 Apr 2023 | £327,118 | £321,000 | 77 THE PRIORY LONDON ROAD |
This house has a floor area of 112 sq meters or 1,212 sq feet when measured on 17 Nov 2010. Using an estimated price of £687,200 means this house is valued at £6,103 per sq meter (£566 per sq foot).
The average size of a house on THE CLOSE is 162 sq meters (1,754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near The Close |
| Jul 2024 | Public order | Under investigation | On or near London Road |
| Jul 2024 | Other theft | Under investigation | On or near London Road |
| Jul 2024 | Anti-social behaviour | On or near London Road |