£1,657,648
This estimated value is based upon the latest sale price for the house of £1,620,000 on 17 Oct 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £1,620,000 | 17 Oct 2023 |
| £780,000 | 29 Sep 2010 |
| £575,000 | 30 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 October 2023 the House Price Index for BRIGHTON AND HOVE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £1,620,000 results in an estimated price of approximately £1,657,648.
| 17 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £1,620,000 | £37,648 | £1,657,648 |
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 | 103.667 % | £1,679,404 | £3,299,404 |
| 3 Month Average | -4.477 % | £-72,520 | £1,547,479 |
| 6 Month Average | -5.902 % | £-95,607 | £1,524,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,150,348 | £1,115,000 | 13 ELRINGTON ROAD |
| 20 Oct 2023 | £1,125,564 | £1,100,000 | 9 LLOYD CLOSE |
| 17 Oct 2023 | £1,657,649 | £1,620,000 | 32 HOVE PARK ROAD |
| 31 Mar 2023 | £1,347,503 | £1,325,000 | 12 LLOYD ROAD |
| 3 Mar 2023 | £1,322,079 | £1,300,000 | 24 ELRINGTON ROAD |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 28 Apr 2015. Using an estimated price of £1,657,649 means this house is valued at £8,678 per sq meter (£806 per sq foot).
The average size of a house on HOVE PARK ROAD is 231 sq meters (2,494 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Rigden Road |
| Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Rigden Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rigden Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lloyd Road |
| Jul 2024 | Burglary | Under investigation | On or near The Paddock |