£324,874
This estimated value is based upon the latest sale price for the house of £236,228 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £236,228 | 5 Feb 2016 |
| £168,000 | 18 Jun 2008 |
| £132,000 | 15 Dec 2005 |
| £104,995 | 10 Oct 2001 |
| £42,500 | 30 Jan 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 2016 the House Price Index for BRIGHTON AND HOVE was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £236,228 results in an estimated price of approximately £324,874.
| 5 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £236,228 | £88,646 | £324,874 |
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 | 30.384 % | £71,776 | £308,004 |
| 3 Month Average | 24.184 % | £57,128 | £293,356 |
| 6 Month Average | 33.080 % | £78,143 | £314,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £260,748 | £255,000 | FLAT 4 48 MONTPELIER ROAD |
| 24 Feb 2023 | £324,669 | £322,500 | FLAT 9 MONTPELIER HOUSE, 99 MONTPELIER ROAD |
| 17 Feb 2023 | £186,244 | £185,000 | FLAT 2 37 MONTPELIER ROAD |
| 6 Feb 2023 | £327,186 | £325,000 | FLAT 6 MONTPELIER HOUSE, 99 MONTPELIER ROAD |
| 23 Nov 2022 | £437,952 | £440,000 | FLAT 2 MONTPELIER HOUSE, 99 MONTPELIER ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 20 Mar 2019. Using an estimated price of £324,874 means this house is valued at £7,923 per sq meter (£736 per sq foot).
The average size of a house on MONTPELIER ROAD is 65 sq meters (703 sq feet).