£100,309
This estimated value is based upon the latest sale price for the house of £21,500 on 26 Oct 1998. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £21,500 | 26 Oct 1998 |
| £16,000 | 15 Nov 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 26 sq meters or 279 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 October 1998 the House Price Index for BRIGHTON AND HOVE was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £21,500 results in an estimated price of approximately £100,309.
| 26 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £21,500 | £78,809 | £100,309 |
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 | 558.650 % | £120,109 | £141,609 |
| 3 Month Average | 515.334 % | £110,796 | £132,296 |
| 6 Month Average | 551.506 % | £118,573 | £140,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £312,088 | £305,000 | FLAT 6 8 STANFORD AVENUE |
| 23 Jan 2023 | £350,938 | £350,000 | 16 PRIORY COURT STANFORD AVENUE |
| 12 Aug 2022 | £251,074 | £249,900 | FLAT 4 2 STANFORD AVENUE |
| 4 Nov 2021 | £259,850 | £238,500 | FLAT 1 4 STANFORD AVENUE |
| 1 Oct 2021 | £273,094 | £245,000 | FLAT 12 8 STANFORD AVENUE |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 16 Apr 2018. Using an estimated price of £100,309 means this house is valued at £3,858 per sq meter (£358 per sq foot).
The average size of a house on STANFORD AVENUE is 70 sq meters (755 sq feet).