£425,698
This estimated value is based upon the latest sale price for the house of £145,000 on 1 May 2002. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There have been two burglaries within the last year on or near May Road
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| Price Paid | Date |
|---|---|
| £145,000 | 1 May 2002 |
| £54,000 | 31 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 May 2002 the House Price Index for BRIGHTON AND HOVE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £145,000 results in an estimated price of approximately £425,698.
| 1 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £145,000 | £280,698 | £425,698 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 211.593 % | £306,809 | £451,809 |
| 3 Month Average | 203.981 % | £295,772 | £440,772 |
| 6 Month Average | 199.511 % | £289,291 | £434,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £411,420 | £404,000 | 51 CARISBROOKE ROAD |
| 10 Aug 2023 | £483,724 | £475,000 | 15 MAY ROAD |
| 26 Jun 2023 | £578,085 | £566,500 | 27 CARISBROOKE ROAD |
| 5 Apr 2023 | £366,862 | £360,000 | 60 MAY ROAD |
| 30 Mar 2023 | £483,067 | £475,000 | 25 CARISBROOKE ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 11 Sep 2015. Using an estimated price of £425,698 means this house is valued at £4,054 per sq meter (£376 per sq foot).
The average size of a house on MAY ROAD is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near May Road | |
| Nov 2024 | Shoplifting | Under investigation | On or near May Road |
| Nov 2024 | Burglary | Under investigation | On or near May Road |
| Nov 2024 | Burglary | Under investigation | On or near May Road |
| Nov 2024 | Shoplifting | Investigation complete; no suspect identified | On or near May Road |