£565,184
This estimated value is based upon the latest sale price for the house of £487,500 on 17 Nov 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 |
|---|---|
| £487,500 | 17 Nov 2020 |
| £355,000 | 13 Sep 2007 |
| £246,000 | 8 Dec 2003 |
| £163,000 | 13 Jul 2001 |
| £78,000 | 29 May 1996 |
| £51,000 | 10 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 November 2020 the House Price Index for BRIGHTON AND HOVE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £487,500 results in an estimated price of approximately £565,184.
| 17 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £487,500 | £77,684 | £565,184 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | -16.022 % | £-78,108 | £409,391 |
| 3 Month Average | -3.783 % | £-18,444 | £469,055 |
| 6 Month Average | 11.480 % | £55,964 | £543,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £221,373 | £217,500 | FLAT 2 15 RICHMOND ROAD |
| 31 Aug 2023 | £882,722 | £875,000 | UNIT 2 CENTENARY INDUSTRIAL ESTATE |
| 22 Aug 2023 | £226,986 | £225,000 | FLAT 9 21 - 23 RICHMOND ROAD |
| 27 Mar 2023 | £227,140 | £225,000 | FLAT 1 19 RICHMOND PLACE |
| 20 Feb 2023 | £759,489 | £760,000 | 58 RICHMOND ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 13 Jul 2020. Using an estimated price of £565,185 means this house is valued at £5,708 per sq meter (£530 per sq foot).
The average size of a house on MAYO ROAD is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Richmond Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Mar 2024 | Anti-social behaviour | On or near Richmond Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Richmond Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Ashdown Road |