£487,393
This estimated value is based upon the latest sale price for the house of £465,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£465,000 | 21 Jan 2022 |
£400,000 | 6 Jan 2017 |
£190,000 | 26 Feb 2004 |
£145,000 | 6 Jun 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 January 2022 the House Price Index for BRIGHTON AND HOVE was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £465,000 results in an estimated price of approximately £487,393.
21 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.0 | 4.816 % | £465,000 | £22,393 | £487,393 |
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 | -17.116 % | £-79,589 | £385,410 |
3 Month Average | -5.784 % | £-26,894 | £438,105 |
6 Month Average | -4.171 % | £-19,394 | £445,605 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2023 | £530,014 | £525,000 | 5A CAMBRIDGE GROVE |
11 Oct 2022 | £266,045 | £270,000 | FLAT 3 26 CROMWELL ROAD |
7 Jul 2022 | £569,231 | £570,000 | 14B CAMBRIDGE GROVE |
30 Jun 2022 | £303,072 | £300,000 | 20C CAMBRIDGE GROVE |
13 Jun 2022 | £353,584 | £350,000 | SECOND FLOOR FLAT 29 CROMWELL ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 Nov 2021. Using an estimated price of £487,394 means this house is valued at £7,167 per sq meter (£665 per sq foot).
The average size of a house on CROMWELL ROAD is 62 sq meters (674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Cambridge Mews |
Feb 2024 | Public order | Under investigation | On or near Cambridge Mews |
Feb 2024 | Drugs | Awaiting court outcome | On or near Cambridge Mews |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cambridge Mews |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Cambridge Mews |