£448,994
This estimated value is based upon the latest sale price for the house of £425,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £425,000 | 25 Feb 2022 |
| £221,000 | 28 Oct 2004 |
| £140,000 | 27 Jul 2001 |
| £88,950 | 22 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 February 2022 the House Price Index for BRIGHTON AND HOVE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £425,000 results in an estimated price of approximately £448,994.
| 25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £425,000 | £23,994 | £448,994 |
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 | 45.758 % | £194,472 | £619,472 |
| 3 Month Average | 8.000 % | £33,999 | £458,999 |
| 6 Month Average | 6.478 % | £27,530 | £452,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £440,000 | £440,000 | 6 MAPLE GARDENS |
| 27 Mar 2024 | £477,334 | £470,000 | 43 ELM DRIVE |
| 22 Sep 2023 | £465,256 | £455,000 | 18 WAYFIELD AVENUE |
| 24 Feb 2023 | £684,573 | £680,000 | 18 MAPLE GARDENS |
| 29 Nov 2022 | £703,709 | £707,000 | 8 ELM DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Jul 2020. Using an estimated price of £448,994 means this house is valued at £6,067 per sq meter (£563 per sq foot).
The average size of a house on WAYFIELD AVENUE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wayfield Avenue |
| Jul 2024 | Other theft | Under investigation | On or near Wayfield Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wayfield Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Wayfield Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wayfield Close |