£389,983
This estimated value is based upon the latest sale price for the house of £330,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 16 Oct 2020 |
| £280,000 | 11 Nov 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 594 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 2020 the House Price Index for BRIGHTON AND HOVE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £330,000 results in an estimated price of approximately £389,983.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £330,000 | £59,983 | £389,983 |
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 | 8.320 % | £27,457 | £357,457 |
| 3 Month Average | 4.185 % | £13,809 | £343,809 |
| 6 Month Average | 14.056 % | £46,385 | £376,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £432,806 | £425,000 | 4 MAYTREE CLOSE |
| 26 Jan 2023 | £590,578 | £589,000 | 47 HANGLETON ROAD |
| 21 Jul 2022 | £661,630 | £655,000 | 3 GLADYS ROAD |
| 29 Apr 2022 | £337,162 | £325,000 | FLAT 2 28 - 30 OLD SHOREHAM ROAD |
| 8 Apr 2022 | £717,896 | £692,000 | 68 HALLYBURTON ROAD |
This house has a floor area of 55 sq meters or 594 sq feet when measured on 15 Jul 2010. Using an estimated price of £389,983 means this house is valued at £7,059 per sq meter (£655 per sq foot).
The average size of a house on OLD SHOREHAM ROAD is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near May Tree Close |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Gladys Road |
| Sep 2024 | Anti-social behaviour | On or near Gladys Road | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Gladys Road |
| Sep 2024 | Anti-social behaviour | On or near Gladys Road |