£774,025
This estimated value is based upon the latest sale price for the house of £620,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £620,000 | 6 Jul 2018 |
| £360,000 | 12 Dec 2008 |
| Terraced |
| Freehold |
| Floor Area: 137 sq meters or 1,481 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 July 2018 the House Price Index for BRIGHTON AND HOVE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £620,000 results in an estimated price of approximately £774,025.
| 6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £620,000 | £154,025 | £774,025 |
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 | 25.079 % | £155,492 | £775,492 |
| 3 Month Average | 16.667 % | £103,335 | £723,335 |
| 6 Month Average | 22.305 % | £138,292 | £758,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £224,395 | £217,500 | FLAT 2 15 RICHMOND ROAD |
| 27 Oct 2023 | £659,990 | £645,000 | 52 RICHMOND ROAD |
| 22 Aug 2023 | £229,133 | £225,000 | FLAT 9 21 - 23 RICHMOND ROAD |
| 27 Mar 2023 | £228,821 | £225,000 | FLAT 1 19 RICHMOND PLACE |
| 20 Feb 2023 | £765,111 | £760,000 | 58 RICHMOND ROAD |
This house has a floor area of 137 sq meters or 1,481 sq feet when measured on 24 Nov 2008. Using an estimated price of £774,026 means this house is valued at £5,625 per sq meter (£522 per sq foot).
The average size of a house on RICHMOND ROAD is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Richmond Road |
| May 2024 | Possession of weapons | Under investigation | On or near Roundhill Crescent |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ashdown Road |
| Jul 2024 | Burglary | Under investigation | On or near Mayo Road |
| Jul 2024 | Vehicle crime | Under investigation | On or near Upper Lewes Road |