£626,658
This estimated value is based upon the latest sale price for the house of £510,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £510,000 | 31 Jan 2020 |
| £285,000 | 23 May 2003 |
| £232,500 | 7 Feb 2002 |
| £80,000 | 7 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 January 2020 the House Price Index for BRIGHTON AND HOVE was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £510,000 results in an estimated price of approximately £626,658.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £510,000 | £116,658 | £626,658 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 78.611 % | £400,914 | £910,914 |
| 3 Month Average | 14.293 % | £72,891 | £582,891 |
| 6 Month Average | 15.973 % | £81,464 | £591,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £365,272 | £356,000 | FLAT 5 9 SECOND AVENUE |
| 23 Jun 2023 | £306,135 | £300,000 | FLAT 3 8 GRAND AVENUE |
| 19 Jun 2023 | £377,566 | £370,000 | FLAT 5 MALVERN HOUSE, 8 SECOND AVENUE |
| 11 Apr 2023 | £315,909 | £310,000 | 14B SECOND AVENUE |
| 31 Mar 2023 | £416,963 | £410,000 | FLAT 2 MALVERN HOUSE, 8 SECOND AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 28 Apr 2016. Using an estimated price of £626,659 means this house is valued at £5,595 per sq meter (£519 per sq foot).
The average size of a house on SECOND AVENUE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Victoria Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Victoria Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Victoria Grove |
| Jul 2024 | Vehicle crime | Under investigation | On or near Victoria Grove |
| Jun 2024 | Anti-social behaviour | On or near Victoria Grove |