£309,404
This estimated value is based upon the latest sale price for the house of £255,000 on 6 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 |
|---|---|
| £255,000 | 6 Mar 2020 |
| £230,000 | 7 Jan 2015 |
| £72,950 | 10 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £255,000 results in an estimated price of approximately £309,404.
| 6 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £255,000 | £54,404 | £309,404 |
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 | 68.199 % | £173,908 | £428,908 |
| 3 Month Average | 27.393 % | £69,853 | £324,853 |
| 6 Month Average | 17.832 % | £45,471 | £300,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £409,288 | £403,000 | 23A CAMBRIDGE ROAD |
| 14 Apr 2023 | £415,777 | £408,000 | FLAT 3 12 CAMBRIDGE ROAD |
| 16 Feb 2023 | £284,903 | £283,000 | FLAT 5 29 CAMBRIDGE ROAD |
| 16 Sep 2022 | £215,856 | £216,000 | FLAT 2 56 CAMBRIDGE ROAD |
| 8 Jun 2022 | £507,856 | £497,000 | 26A CAMBRIDGE ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 1 Oct 2014. Using an estimated price of £309,405 means this house is valued at £6,188 per sq meter (£574 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 61 sq meters (662 sq feet).