£248,584
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£215,000 | 11 Dec 2020 |
£155,000 | 12 Mar 2014 |
£66,500 | 18 Aug 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 December 2020 the House Price Index for BRIGHTON AND HOVE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £215,000 results in an estimated price of approximately £248,584.
11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £215,000 | £33,584 | £248,584 |
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 | 10.205 % | £21,940 | £236,940 |
3 Month Average | 9.499 % | £20,422 | £235,422 |
6 Month Average | 10.971 % | £23,586 | £238,586 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £1,599,138 | £1,550,000 | 42 FLORENCE ROAD |
27 Oct 2023 | £368,366 | £360,000 | FLAT 2 30 FLORENCE ROAD |
23 Sep 2022 | £1,758 | £1,759 | FLAT 1 KARENZA COURT, 69 - 71 SPRINGFIELD ROAD |
16 Jun 2022 | £222,251 | £217,500 | FLAT 2 61 SPRINGFIELD ROAD |
25 Feb 2022 | £269,397 | £255,000 | 29D SPRINGFIELD ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 4 Feb 2020. Using an estimated price of £248,585 means this house is valued at £5,178 per sq meter (£481 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 71 sq meters (774 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Robbery | Under investigation | On or near Springfield Road |
Jul 2024 | Other theft | Under investigation | On or near Springfield Road |
Jun 2024 | Anti-social behaviour | On or near Springfield Road | |
Jun 2024 | Vehicle crime | Under investigation | On or near Springfield Road |
Jun 2024 | Anti-social behaviour | On or near Springfield Road |