£464,844
This estimated value is based upon the latest sale price for the house of £249,950 on 15 Jun 2005. 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 Second Avenue
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| Price Paid | Date |
|---|---|
| £249,950 | 15 Jun 2005 |
| £182,000 | 7 Dec 2000 |
| £87,500 | 26 Feb 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 June 2005 the House Price Index for BRIGHTON AND HOVE was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £249,950 results in an estimated price of approximately £464,844.
| 15 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £249,950 | £214,894 | £464,844 |
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 | 151.148 % | £377,795 | £627,745 |
| 3 Month Average | 121.351 % | £303,315 | £553,265 |
| 6 Month Average | 124.177 % | £310,380 | £560,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £3,800,000 | £3,800,000 | FLAT 6 EXTON HOUSE, 4 SECOND AVENUE |
| 30 Jan 2023 | £466,246 | £465,000 | FLAT 18 1 GRAND AVENUE |
| 20 Jan 2023 | £736,969 | £735,000 | FLAT 18 4 GRAND AVENUE |
| 7 Jun 2022 | £689,744 | £675,000 | FLAT 9 4 GRAND AVENUE |
| 12 May 2022 | £441,502 | £430,000 | FLAT 8 24 SECOND AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 7 Oct 2013. Using an estimated price of £464,844 means this house is valued at £5,405 per sq meter (£502 per sq foot).
The average size of a house on SECOND AVENUE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Second Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Second Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Second Avenue | |
| Sep 2024 | Other theft | Under investigation | On or near Second Avenue |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Second Avenue |