£296,175
This estimated value is based upon the latest sale price for the house of £253,500 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £253,500 | 2 Oct 2020 |
| £230,000 | 17 May 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 October 2020 the House Price Index for BRIGHTON AND HOVE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £253,500 results in an estimated price of approximately £296,175.
| 2 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £253,500 | £42,675 | £296,175 |
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 | 14.876 % | £37,710 | £291,210 |
| 3 Month Average | -5.586 % | £-14,161 | £239,338 |
| 6 Month Average | 4.344 % | £11,013 | £264,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £550,413 | £540,000 | 7 OXFORD MEWS |
| 21 Apr 2023 | £216,610 | £215,000 | FLAT 4 15 CROMWELL ROAD |
| 16 Mar 2023 | £351,902 | £350,000 | FLAT 4 10 CROMWELL ROAD |
| 10 Mar 2023 | £326,766 | £325,000 | FLAT 3 8 CROMWELL ROAD |
| 14 Oct 2021 | £633,656 | £575,000 | 19 OXFORD MEWS |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 16 Aug 2019. Using an estimated price of £296,176 means this house is valued at £4,777 per sq meter (£443 per sq foot).
The average size of a house on CROMWELL ROAD is 62 sq meters (674 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Oxford Mews | |
| Mar 2024 | Anti-social behaviour | On or near Oxford Mews | |
| Feb 2024 | Anti-social behaviour | On or near Oxford Mews | |
| Feb 2024 | Anti-social behaviour | On or near Oxford Mews | |
| Feb 2024 | Anti-social behaviour | On or near Oxford Mews |