£270,719
This estimated value is based upon the latest sale price for the house of £272,000 on 6 Feb 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £272,000 | 6 Feb 2023 |
| £175,000 | 29 May 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 February 2023 the House Price Index for BRIGHTON AND HOVE was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £272,000 results in an estimated price of approximately £270,719.
| 6 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £272,000 | £-1,280 | £270,719 |
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 | 10.633 % | £28,922 | £300,922 |
| 3 Month Average | -7.665 % | £-20,850 | £251,149 |
| 6 Month Average | -15.788 % | £-42,943 | £229,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £333,025 | £331,000 | FLAT 2 41 SPRINGFIELD ROAD |
| 23 Jun 2023 | £272,207 | £270,000 | FLAT 4 41 SPRINGFIELD ROAD |
| 6 Feb 2023 | £270,720 | £272,000 | FLAT 5 23 SPRINGFIELD ROAD |
| 24 Aug 2022 | £275,638 | £277,500 | FLAT 6 15 SPRINGFIELD ROAD |
| 18 Jan 2022 | £597,450 | £570,000 | 59 BEACONSFIELD ROAD |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 6 Mar 2020. Using an estimated price of £270,720 means this house is valued at £8,460 per sq meter (£785 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beaconsfield Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beaconsfield Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beaconsfield Road |
| Apr 2024 | Possession of weapons | Under investigation | On or near Beaconsfield Road |
| Apr 2024 | Public order | Under investigation | On or near Beaconsfield Road |