£419,759
This estimated value is based upon the latest sale price for the house of £347,500 on 21 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 |
---|---|
£347,500 | 21 Aug 2020 |
£335,000 | 10 Oct 2018 |
£167,000 | 23 May 2003 |
£149,000 | 15 Apr 2002 |
£59,950 | 16 Apr 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 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 £347,500 results in an estimated price of approximately £419,759.
21 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £347,500 | £72,259 | £419,759 |
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 | 59.674 % | £207,366 | £554,866 |
3 Month Average | 30.865 % | £107,255 | £454,755 |
6 Month Average | 29.564 % | £102,734 | £450,234 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 May 2024 | £388,000 | £388,000 | FIRST FLOOR FLAT 11 GOLDSMID ROAD |
15 Nov 2023 | £441,199 | £430,000 | FLAT 2 19 GOLDSMID ROAD |
25 Aug 2023 | £213,857 | £210,000 | FLAT 2 13 MELVILLE ROAD |
20 Feb 2023 | £392,623 | £390,000 | 13B GOLDSMID ROAD |
27 Jan 2023 | £411,098 | £410,000 | SECOND FLOOR FLAT 11 GOLDSMID ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Apr 2014. Using an estimated price of £419,760 means this house is valued at £6,558 per sq meter (£609 per sq foot).
The average size of a house on GOLDSMID ROAD is 71 sq meters (764 sq feet).