£307,216
This estimated value is based upon the latest sale price for the house of £283,000 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £283,000 | 10 Sep 2021 |
| £260,000 | 23 Feb 2018 |
| £150,000 | 4 Feb 2011 |
| £159,950 | 21 Sep 2007 |
| £40,500 | 16 Oct 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2021 the House Price Index for BRIGHTON AND HOVE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £283,000 results in an estimated price of approximately £307,216.
| 10 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £283,000 | £24,216 | £307,216 |
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 | 51.805 % | £146,609 | £429,609 |
| 3 Month Average | 20.516 % | £58,060 | £341,060 |
| 6 Month Average | 5.259 % | £14,882 | £297,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £317,759 | £315,000 | 11 COWDRAY COURT, 49 CROMWELL ROAD |
| 26 Oct 2023 | £219,997 | £215,000 | FLAT 2 51 LORNA ROAD |
| 31 Mar 2023 | £355,944 | £350,000 | 26 HOVEDENE CROMWELL ROAD |
| 7 Mar 2023 | £427,133 | £420,000 | 5 HOVEDENE CROMWELL ROAD |
| 31 Mar 2022 | £281,862 | £270,000 | 99 LORNA ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 May 2018. Using an estimated price of £307,216 means this house is valued at £4,955 per sq meter (£460 per sq foot).
The average size of a house on CROMWELL ROAD is 62 sq meters (674 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Further/Higher Educational Building |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Further/Higher Educational Building |
| Jul 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jul 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jul 2024 | Drugs | Under investigation | On or near Further/Higher Educational Building |