£650,726
This estimated value is based upon the latest sale price for the house of £500,000 on 19 Jan 2017. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £500,000 | 19 Jan 2017 |
| £272,500 | 1 Aug 2013 |
| £250,000 | 31 Jan 2011 |
| £182,000 | 8 Aug 2003 |
| Terraced |
| Freehold |
| 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 January 2017 the House Price Index for BRIGHTON AND HOVE was 113.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.145%.Applying this 30.145% change to the original purchase price of £500,000 results in an estimated price of approximately £650,726.
| 19 Jan 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.0 | 30.145 % | £500,000 | £150,726 | £650,726 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 7.238 % | £36,188 | £536,188 |
| 3 Month Average | 17.416 % | £87,079 | £587,079 |
| 6 Month Average | 24.637 % | £123,182 | £623,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £221,694 | £217,500 | FLAT 2 15 RICHMOND ROAD |
| 22 Aug 2023 | £226,377 | £225,000 | FLAT 9 21 - 23 RICHMOND ROAD |
| 27 Mar 2023 | £226,223 | £225,000 | FLAT 1 19 RICHMOND PLACE |
| 20 Feb 2023 | £756,422 | £760,000 | 58 RICHMOND ROAD |
| 6 May 2022 | £598,903 | £590,000 | 102 RICHMOND ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 26 Aug 2016. Using an estimated price of £650,726 means this house is valued at £7,073 per sq meter (£657 per sq foot).
The average size of a house on MAYO ROAD is 92 sq meters (997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Road |
| Mar 2024 | Anti-social behaviour | On or near Richmond Road | |
| Mar 2024 | Anti-social behaviour | On or near Richmond Road | |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Richmond Road |