£532,921
This estimated value is based upon the latest sale price for the house of £525,000 on 23 May 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 |
|---|---|
| £525,000 | 23 May 2022 |
| £311,000 | 26 Oct 2012 |
| £250,000 | 21 Jul 2006 |
| £86,000 | 19 Feb 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 2022 the House Price Index for BRIGHTON AND HOVE was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £525,000 results in an estimated price of approximately £532,921.
| 23 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £525,000 | £7,921 | £532,921 |
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 | -36.822 % | £-193,313 | £331,686 |
| 3 Month Average | -4.658 % | £-24,454 | £500,545 |
| 6 Month Average | -2.573 % | £-13,509 | £511,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £830,000 | £830,000 | FIRST FLOOR FLAT 9 HOVE PLACE |
| 15 Dec 2023 | £601,377 | £590,000 | FLAT 6 4 ADELAIDE MANSIONS |
| 23 Jun 2023 | £393,188 | £390,000 | 60 KINGSWAY COURT QUEENS GARDENS |
| 26 Apr 2023 | £518,856 | £515,000 | 68 KINGSWAY COURT QUEENS GARDENS |
| 13 Mar 2023 | £377,038 | £375,000 | 26 KINGSWAY COURT QUEENS GARDENS |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 15 Jan 2019. Using an estimated price of £532,922 means this house is valued at £4,516 per sq meter (£419 per sq foot).
The average size of a house on FIRST AVENUE is 68 sq meters (738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Queen'S Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Queen'S Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Queen'S Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Queen'S Gardens | |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Queen'S Gardens |