£192,208
This estimated value is based upon the latest sale price for the house of £120,000 on 12 May 2008. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Third Avenue
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| Price Paid | Date |
|---|---|
| £120,000 | 12 May 2008 |
| £92,000 | 1 Apr 2008 |
| 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 May 2008 the House Price Index for BRIGHTON AND HOVE was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £120,000 results in an estimated price of approximately £192,208.
| 12 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £120,000 | £72,208 | £192,208 |
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 | 113.782 % | £136,538 | £256,538 |
| 3 Month Average | 91.384 % | £109,661 | £229,661 |
| 6 Month Average | 86.343 % | £103,611 | £223,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £400,158 | £390,000 | FLAT 3 15 THIRD AVENUE |
| 31 Oct 2023 | £388,831 | £380,000 | FLAT 3 11 THIRD AVENUE |
| 31 Oct 2023 | £547,433 | £535,000 | FLAT 1 11 THIRD AVENUE |
| 31 Oct 2023 | £547,433 | £535,000 | FLAT 2 11 THIRD AVENUE |
| 6 Apr 2023 | £728,628 | £715,000 | FLAT 5 1 THIRD AVENUE |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 16 Apr 2012. Using an estimated price of £192,208 means this house is valued at £6,006 per sq meter (£558 per sq foot).
The average size of a house on THIRD AVENUE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Sep 2024 | Burglary | Under investigation | On or near Third Avenue |