£371,341
This estimated value is based upon the latest sale price for the house of £346,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£346,000 | 27 Sep 2021 |
£265,000 | 16 Nov 2017 |
£156,000 | 21 Aug 2009 |
£150,000 | 6 Jan 2006 |
£129,500 | 5 Sep 2002 |
£48,100 | 14 May 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 September 2021 the House Price Index for BRIGHTON AND HOVE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £346,000 results in an estimated price of approximately £371,341.
27 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.0 | 7.324 % | £346,000 | £25,341 | £371,341 |
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 | 25.960 % | £89,822 | £435,822 |
3 Month Average | 8.645 % | £29,910 | £375,910 |
6 Month Average | -1.988 % | £-6,876 | £339,123 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £435,592 | £430,000 | FLAT 2 19 GOLDSMID ROAD |
25 Aug 2023 | £211,285 | £210,000 | FLAT 2 13 MELVILLE ROAD |
20 Feb 2023 | £388,164 | £390,000 | 13B GOLDSMID ROAD |
27 Jan 2023 | £406,430 | £410,000 | SECOND FLOOR FLAT 11 GOLDSMID ROAD |
30 Sep 2022 | £237,116 | £240,000 | SECOND FLOOR FLAT 3 GOLDSMID ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 8 Jul 2021. Using an estimated price of £371,342 means this house is valued at £8,439 per sq meter (£784 per sq foot).
The average size of a house on MELVILLE ROAD is 71 sq meters (767 sq feet).