£754,495
This estimated value is based upon the latest sale price for the house of £600,000 on 16 Apr 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £600,000 | 16 Apr 2018 |
| £550,000 | 31 Oct 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 April 2018 the House Price Index for BRIGHTON AND HOVE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £600,000 results in an estimated price of approximately £754,495.
| 16 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £600,000 | £154,495 | £754,495 |
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 | 92.791 % | £556,748 | £1,156,748 |
| 3 Month Average | 31.831 % | £190,983 | £790,983 |
| 6 Month Average | 31.073 % | £186,439 | £786,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £182,809 | £180,000 | FLAT 1 8 SEAFIELD ROAD |
| 8 Jul 2022 | £343,441 | £340,000 | FLAT 6 6 SEAFIELD ROAD |
| 11 May 2022 | £821,399 | £800,000 | 16 OSBORNE VILLAS |
| 6 May 2022 | £174,547 | £170,000 | FLAT 7 8 SEAFIELD ROAD |
| 11 Feb 2022 | £264,114 | £250,000 | FLAT 2 8 SEAFIELD ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 8 Jan 2014. Using an estimated price of £754,495 means this house is valued at £7,051 per sq meter (£655 per sq foot).
The average size of a house on OSBORNE VILLAS is 91 sq meters (982 sq feet).