£1,509,927
This estimated value is based upon the latest sale price for the house of £1,250,000 on 7 Aug 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 |
|---|---|
| £1,250,000 | 7 Aug 2020 |
| £825,000 | 7 Mar 2014 |
| Terraced |
| Freehold |
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 August 2020 the House Price Index for BRIGHTON AND HOVE was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,509,927.
| 7 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £1,250,000 | £259,927 | £1,509,927 |
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 | -63.675 % | £-795,942 | £454,057 |
| 3 Month Average | 25.470 % | £318,380 | £1,568,380 |
| 6 Month Average | 16.809 % | £210,109 | £1,460,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £1,341,213 | £1,300,000 | 11 POWIS VILLAS |
| 9 Nov 2023 | £422,731 | £412,000 | TOP FLAT 15 POWIS SQUARE |
| 10 Feb 2023 | £352,480 | £350,125 | FLAT 2 2 POWIS SQUARE |
| 18 Aug 2022 | £542,537 | £540,000 | FLAT 4 24 POWIS SQUARE |
| 18 Aug 2022 | £1,858,691 | £1,850,000 | 6 POWIS VILLAS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Bicycle theft | Under investigation | On or near Powis Grove |
| Jun 2024 | Vehicle crime | Under investigation | On or near Powis Square |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Powis Square |
| May 2024 | Anti-social behaviour | On or near Powis Square | |
| May 2024 | Anti-social behaviour | On or near Powis Square |