£324,263
This estimated value is based upon the latest sale price for the house of £215,000 on 21 Aug 2014. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£215,000 | 21 Aug 2014 |
£174,500 | 11 Apr 2008 |
£147,000 | 30 Sep 2004 |
£119,950 | 28 Jun 2002 |
£58,000 | 3 Jul 1998 |
Terraced |
Freehold |
Floor Area: 52 sq meters or 566 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 2014 the House Price Index for BRIGHTON AND HOVE was 98.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 50.820%.Applying this 50.820% change to the original purchase price of £215,000 results in an estimated price of approximately £324,263.
21 Aug 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.0 | 50.820 % | £215,000 | £109,263 | £324,263 |
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 | 44.536 % | £95,751 | £310,751 |
3 Month Average | 43.213 % | £92,907 | £307,907 |
6 Month Average | 39.635 % | £85,215 | £300,215 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £296,000 | £295,000 | 59 LYNCHET CLOSE |
21 Jul 2023 | £444,202 | £440,000 | 8 LYNCHET WALK |
6 Sep 2022 | £538,451 | £545,000 | 32 UPLANDS ROAD |
11 Apr 2022 | £343,590 | £335,000 | 53 LYNCHET CLOSE |
30 Sep 2021 | £450,761 | £420,000 | 47 WOLVERSTONE DRIVE |
This house has a floor area of 52 sq meters or 566 sq feet when measured on 14 Dec 2009. Using an estimated price of £324,264 means this house is valued at £6,157 per sq meter (£572 per sq foot).
The average size of a house on LYNCHET CLOSE is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lynchet Walk |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lynchet Walk |