£389,861
This estimated value is based upon the latest sale price for the house of £325,000 on 17 Mar 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 |
|---|---|
| £325,000 | 17 Mar 2020 |
| £325,000 | 17 Mar 2020 |
| £142,000 | 10 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 757 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 March 2020 the House Price Index for BRIGHTON AND HOVE was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £325,000 results in an estimated price of approximately £389,861.
| 17 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £325,000 | £64,861 | £389,861 |
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 | 4.050 % | £13,163 | £338,163 |
| 3 Month Average | 3.720 % | £12,089 | £337,089 |
| 6 Month Average | 9.170 % | £29,803 | £354,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £962,355 | £950,000 | 49 OLD STEINE |
| 10 Aug 2023 | £930,659 | £925,000 | 47 OLD STEINE |
| 23 Jun 2023 | £12,350 | £12,250 | 15 EAST STREET |
| 26 Jan 2023 | £458,352 | £462,378 | 42 EAST STREET |
| 28 Jul 2022 | £2,896,086 | £2,900,000 | 62 - 63 EAST STREET |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 31 Jan 2012. Using an estimated price of £389,861 means this house is valued at £5,536 per sq meter (£514 per sq foot).