£285,529
This estimated value is based upon the latest sale price for the house of £230,000 on 1 Oct 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Farm Road
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| Price Paid | Date |
|---|---|
| £230,000 | 1 Oct 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 462 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 2018 the House Price Index for BRIGHTON AND HOVE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £230,000 results in an estimated price of approximately £285,529.
| 1 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £230,000 | £55,529 | £285,529 |
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 | 66.386 % | £152,686 | £382,686 |
| 3 Month Average | 21.693 % | £49,893 | £279,893 |
| 6 Month Average | 20.758 % | £47,744 | £277,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £264,632 | £256,500 | FLAT 5 47 BRUNSWICK PLACE |
| 10 Mar 2023 | £336,622 | £331,000 | LOWER GROUND FLOOR FLAT 9 FARM ROAD |
| 7 Jun 2022 | £358,667 | £351,000 | 30A FARM ROAD |
| 16 May 2022 | £605,782 | £590,000 | 2 GOLDSMID MEWS |
| 13 Aug 2021 | £269,730 | £240,000 | FLAT 4 20 FARM ROAD |
This house has a floor area of 42 sq meters or 462 sq feet when measured on 28 Oct 2008. Using an estimated price of £285,529 means this house is valued at £6,644 per sq meter (£617 per sq foot).
The average size of a house on FARM ROAD is 59 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Farm Road |
| Jul 2024 | Anti-social behaviour | On or near Farm Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Farm Road |
| Jun 2024 | Anti-social behaviour | On or near Farm Road | |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Farm Road |