£676,427
This estimated value is based upon the latest sale price for the house of £500,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 6 May 2016 |
| £240,000 | 12 May 2009 |
| £245,000 | 15 Apr 2005 |
| £242,500 | 5 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 178 sq meters or 1,915 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 May 2016 the House Price Index for BRIGHTON AND HOVE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £500,000 results in an estimated price of approximately £676,427.
| 6 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £500,000 | £176,427 | £676,427 |
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 | 36.011 % | £180,054 | £680,054 |
| 3 Month Average | 30.038 % | £150,191 | £650,191 |
| 6 Month Average | 27.595 % | £137,975 | £637,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2024 | £325,000 | £325,000 | 1 FOXDOWN ROAD |
| 3 May 2024 | £390,000 | £390,000 | 121 CRESCENT DRIVE SOUTH |
| 14 Mar 2024 | £507,802 | £500,000 | 93 CRESCENT DRIVE SOUTH |
| 2 Mar 2023 | £470,863 | £463,000 | 9 MAPLE CLOSE |
| 17 Feb 2023 | £478,194 | £475,000 | 71 CRESCENT DRIVE SOUTH |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 28 Jan 2016. Using an estimated price of £676,428 means this house is valued at £3,800 per sq meter (£353 per sq foot).
The average size of a house on BURNHAM CLOSE is 131 sq meters (1,413 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Burnham Close |
| Nov 2024 | Other theft | Under investigation | On or near Foxdown Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fir Close |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Fir Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downhill View |