£609,076
This estimated value is based upon the latest sale price for the house of £500,000 on 30 Jul 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Redhill Close
More crime details
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| Price Paid | Date |
|---|---|
| £500,000 | 30 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 208 sq meters or 2,238 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 July 2020 the House Price Index for BRIGHTON AND HOVE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £500,000 results in an estimated price of approximately £609,076.
| 30 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £500,000 | £109,076 | £609,076 |
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 | 138.978 % | £694,889 | £1,194,889 |
| 3 Month Average | 37.053 % | £185,263 | £685,263 |
| 6 Month Average | 14.951 % | £74,753 | £574,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £550,000 | £550,000 | 76 MILL RISE |
| 28 Jun 2023 | £870,444 | £853,000 | 3 MILLCROFT |
| 25 Aug 2022 | £619,346 | £616,450 | 46 MILL RISE |
| 11 Jan 2022 | £455,885 | £430,000 | 52 MILL RISE |
| 20 Dec 2021 | £325,411 | £301,500 | FLAT 4 BANKSIDE COURT |
This house has a floor area of 208 sq meters or 2,238 sq feet when measured on 30 Apr 2019. Using an estimated price of £609,077 means this house is valued at £2,928 per sq meter (£272 per sq foot).
The average size of a house on HILLCREST is 103 sq meters (1,112 sq feet).
This house is the largest in the street with a floor area of 208 sq meters (2,238 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Redhill Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Redhill Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillcrest |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hillcrest |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Hillcrest |