£284,450
This estimated value is based upon the latest sale price for the house of £215,000 on 30 Sep 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 |
|---|---|
| £215,000 | 30 Sep 2016 |
| £149,950 | 26 Oct 2007 |
| £100,000 | 28 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 473 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 September 2016 the House Price Index for BRIGHTON AND HOVE was 111.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.303%.Applying this 32.303% change to the original purchase price of £215,000 results in an estimated price of approximately £284,450.
| 30 Sep 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.0 | 32.303 % | £215,000 | £69,450 | £284,450 |
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 | 48.148 % | £103,517 | £318,517 |
| 3 Month Average | 28.512 % | £61,299 | £276,299 |
| 6 Month Average | 22.098 % | £47,511 | £262,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £317,575 | £315,000 | 59A VERE ROAD |
| 11 Aug 2022 | £680,403 | £685,000 | SMART HOUSE, 2B VERE ROAD |
| 11 Aug 2022 | £725,101 | £730,000 | STONE HOUSE, 2A VERE ROAD |
| 27 May 2022 | £761,317 | £750,000 | 14 VERE ROAD |
| 28 Apr 2022 | £1,374,359 | £1,340,000 | SMART HOUSE 109 DITCHLING ROAD |
This house has a floor area of 43 sq meters or 473 sq feet when measured on 27 Mar 2009. Using an estimated price of £284,451 means this house is valued at £6,470 per sq meter (£601 per sq foot).
The average size of a house on DITCHLING ROAD is 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vere Road |
| Apr 2024 | Drugs | Under investigation | On or near Vere Road |
| Apr 2024 | Drugs | Under investigation | On or near Vere Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vere Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Vere Road |