£96,805
This estimated value is based upon the latest sale price for the house of £75,000 on 14 Jun 2017. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 14 Jun 2017 |
| £55,000 | 19 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 20 sq meters or 219 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 June 2017 the House Price Index for BRIGHTON AND HOVE was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £75,000 results in an estimated price of approximately £96,805.
| 14 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £75,000 | £21,805 | £96,805 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 18.905 % | £14,179 | £89,179 |
| 3 Month Average | 23.432 % | £17,573 | £92,573 |
| 6 Month Average | 24.810 % | £18,607 | £93,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £260,748 | £255,000 | FLAT 4 48 MONTPELIER ROAD |
| 24 Feb 2023 | £324,669 | £322,500 | FLAT 9 MONTPELIER HOUSE, 99 MONTPELIER ROAD |
| 17 Feb 2023 | £186,244 | £185,000 | FLAT 2 37 MONTPELIER ROAD |
| 6 Feb 2023 | £327,186 | £325,000 | FLAT 6 MONTPELIER HOUSE, 99 MONTPELIER ROAD |
| 23 Nov 2022 | £437,952 | £440,000 | FLAT 2 MONTPELIER HOUSE, 99 MONTPELIER ROAD |
This house has a floor area of 20 sq meters or 219 sq feet when measured on 14 Jan 2011. Using an estimated price of £96,805 means this house is valued at £4,747 per sq meter (£441 per sq foot).
The average size of a house on MONTPELIER ROAD is 65 sq meters (703 sq feet).