£869,362
This estimated value is based upon the latest sale price for the house of £820,000 on 7 Jan 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 |
|---|---|
| £820,000 | 7 Jan 2022 |
| £485,000 | 25 Jun 2015 |
| £380,000 | 29 Jun 2012 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,179 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 January 2022 the House Price Index for BRIGHTON AND HOVE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £820,000 results in an estimated price of approximately £869,362.
| 7 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £820,000 | £49,362 | £869,362 |
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 | -0.109 % | £-897 | £819,102 |
| 3 Month Average | 4.511 % | £36,991 | £856,991 |
| 6 Month Average | 2.914 % | £23,895 | £843,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £593,229 | £575,000 | 2 PRINSEP ROAD |
| 30 Aug 2023 | £320,786 | £315,000 | GROUND FLOOR FLAT 17 LANDSEER ROAD |
| 20 Sep 2022 | £891,405 | £892,000 | 4 LEIGHTON ROAD |
| 4 Jul 2022 | £308,087 | £305,000 | GROUND FLOOR FLAT 40 PRINSEP ROAD |
| 23 May 2022 | £785,463 | £765,000 | 1 LEIGHTON ROAD |
This house has a floor area of 109 sq meters or 1,179 sq feet when measured on 5 Mar 2012. Using an estimated price of £869,363 means this house is valued at £7,936 per sq meter (£737 per sq foot).
The average size of a house on PRINSEP ROAD is 96 sq meters (1,034 sq feet).