£660,194
This estimated value is based upon the latest sale price for the house of £357,500 on 15 Aug 2005. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £357,500 | 15 Aug 2005 |
| £322,500 | 26 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 August 2005 the House Price Index for BRIGHTON AND HOVE was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £357,500 results in an estimated price of approximately £660,194.
| 15 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £357,500 | £302,694 | £660,194 |
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 | 110.337 % | £394,455 | £751,955 |
| 3 Month Average | 112.261 % | £401,331 | £758,831 |
| 6 Month Average | 117.499 % | £420,059 | £777,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Aug 2024 | £400,000 | £400,000 | 11 LAURISTON ROAD |
| 7 Jun 2024 | £350,000 | £350,000 | FIRST FLOOR FLAT 11 LAURISTON ROAD |
| 29 Sep 2023 | £511,526 | £500,250 | 9 CUMBERLAND LODGE CUMBERLAND ROAD |
| 24 Mar 2023 | £320,350 | £315,000 | 4 CUMBERLAND LODGE CUMBERLAND ROAD |
| 27 Jan 2023 | £426,139 | £425,000 | 3 CUMBERLAND LODGE CUMBERLAND ROAD |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 10 Mar 2015. Using an estimated price of £660,194 means this house is valued at £3,838 per sq meter (£356 per sq foot).
The average size of a house on CUMBERLAND ROAD is 79 sq meters (857 sq feet).
This house is the largest in the street with a floor area of 172 sq meters (1,851 sq feet).