£311,561
This estimated value is based upon the latest sale price for the house of £179,000 on 28 Sep 2011. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £179,000 | 28 Sep 2011 |
| £124,950 | 14 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 336 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 September 2011 the House Price Index for BRIGHTON AND HOVE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £179,000 results in an estimated price of approximately £311,561.
| 28 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £179,000 | £132,561 | £311,561 |
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 | 141.724 % | £253,686 | £432,686 |
| 3 Month Average | 69.656 % | £124,684 | £303,684 |
| 6 Month Average | 72.493 % | £129,762 | £308,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £299,603 | £295,000 | 1 RICHMOND COURT, 28 OSMOND ROAD |
| 16 Nov 2023 | £123,125 | £120,000 | GARAGES 1 & 2 45 OSMOND ROAD |
| 15 Nov 2023 | £30,730 | £29,950 | GARAGE 12 RICHMOND COURT OSMOND ROAD |
| 3 Nov 2023 | £287,293 | £280,000 | FLAT 4 25 GRANVILLE ROAD |
| 11 Oct 2023 | £12,279 | £12,000 | GARAGE 5 RICHMOND COURT OSMOND ROAD |
This house has a floor area of 31 sq meters or 336 sq feet when measured on 6 Jun 2011. Using an estimated price of £311,562 means this house is valued at £9,963 per sq meter (£925 per sq foot).
The average size of a house on OSMOND ROAD is 95 sq meters (1,025 sq feet).
This house is the smallest in the street with a floor area of 31 sq meters (336 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Addison Road |
| May 2024 | Vehicle crime | Under investigation | On or near Addison Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Addison Road |
| Jun 2024 | Vehicle crime | Under investigation | On or near Colbourne Road |
| May 2024 | Anti-social behaviour | On or near Colbourne Road |