£431,306
This estimated value is based upon the latest sale price for the house of £195,000 on 7 Nov 2003. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 7 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2003 the House Price Index for BRIGHTON AND HOVE was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £195,000 results in an estimated price of approximately £431,306.
| 7 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £195,000 | £236,306 | £431,306 |
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 | 203.323 % | £396,480 | £591,480 |
| 3 Month Average | 131.509 % | £256,442 | £451,442 |
| 6 Month Average | 132.568 % | £258,507 | £453,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jan 2023 | £646,952 | £650,000 | 1 MILCOTE AVENUE |
| 28 Jul 2022 | £587,582 | £586,000 | 9 CRANMER AVENUE |
| 20 May 2022 | £608,975 | £597,500 | 233 OLD SHOREHAM ROAD |
| 11 May 2022 | £553,938 | £543,500 | 231 OLD SHOREHAM ROAD |
| 14 Apr 2022 | £1,019,501 | £990,000 | 2 TORRANCE CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 25 Aug 2015. Using an estimated price of £431,306 means this house is valued at £3,850 per sq meter (£357 per sq foot).
The average size of a house on OLD SHOREHAM ROAD is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Weald Avenue |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Weald Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Cranmer Avenue |