£307,973
This estimated value is based upon the latest sale price for the house of £299,950 on 18 May 2022. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £299,950 | 18 May 2022 |
| £50,000 | 21 Sep 1999 |
| £22,500 | 22 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
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 2022 the House Price Index for BRIGHTON AND HOVE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £299,950 results in an estimated price of approximately £307,973.
| 18 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £299,950 | £8,023 | £307,973 |
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 | -13.698 % | £-41,086 | £258,863 |
| 3 Month Average | -1.860 % | £-5,580 | £294,369 |
| 6 Month Average | 1.664 % | £4,990 | £304,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £526,969 | £515,000 | 3 PALACE MEWS, 33 BATH STREET |
| 18 May 2022 | £307,973 | £299,950 | BASEMENT FLAT 10 COMPTON AVENUE |
| 4 Feb 2022 | £427,865 | £405,000 | FIRST FLOOR FLAT 29 COMPTON AVENUE |
| 16 Dec 2021 | £402,582 | £373,000 | GROUND FLOOR FLAT 29 COMPTON AVENUE |
| 15 Sep 2021 | £513,474 | £473,000 | THE COTTAGE 17 COMPTON AVENUE |