£904,995
This estimated value is based upon the latest sale price for the house of £600,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £600,000 | 28 Nov 2014 |
| £395,000 | 19 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 November 2014 the House Price Index for BRIGHTON AND HOVE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £600,000 results in an estimated price of approximately £904,995.
| 28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £600,000 | £304,995 | £904,995 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 48.574 % | £291,443 | £891,443 |
| 3 Month Average | 37.087 % | £222,519 | £822,519 |
| 6 Month Average | 41.160 % | £246,958 | £846,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Aug 2024 | £400,000 | £400,000 | 11 LAURISTON ROAD |
| 7 Jun 2024 | £350,000 | £350,000 | FIRST FLOOR FLAT 11 LAURISTON ROAD |
| 29 Sep 2023 | £511,526 | £500,250 | 9 CUMBERLAND LODGE CUMBERLAND ROAD |
| 24 Mar 2023 | £320,350 | £315,000 | 4 CUMBERLAND LODGE CUMBERLAND ROAD |
| 27 Jan 2023 | £426,139 | £425,000 | 3 CUMBERLAND LODGE CUMBERLAND ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 15 Nov 2013. Using an estimated price of £904,995 means this house is valued at £6,241 per sq meter (£579 per sq foot).
The average size of a house on CUMBERLAND ROAD is 79 sq meters (857 sq feet).