£481,212
This estimated value is based upon the latest sale price for the house of £294,000 on 22 Nov 2013. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £294,000 | 22 Nov 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 November 2013 the House Price Index for BRIGHTON AND HOVE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £294,000 results in an estimated price of approximately £481,212.
| 22 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £294,000 | £187,212 | £481,212 |
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 | 107.280 % | £315,402 | £609,402 |
| 3 Month Average | 57.954 % | £170,385 | £464,385 |
| 6 Month Average | 61.481 % | £180,755 | £474,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £710,666 | £695,000 | 19 MANSFIELD ROAD |
| 21 Mar 2023 | £762,738 | £750,000 | 41 MANSFIELD ROAD |
| 16 Feb 2023 | £1,385,254 | £1,376,000 | 153 NEW CHURCH ROAD |
| 25 Aug 2022 | £341,597 | £340,000 | 272C PORTLAND ROAD |
| 22 Aug 2022 | £1,808,456 | £1,800,000 | 130 NEW CHURCH ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 28 Feb 2013. Using an estimated price of £481,213 means this house is valued at £5,230 per sq meter (£485 per sq foot).
The average size of a house on PORTLAND AVENUE is 138 sq meters (1,488 sq feet).