£480,866
This estimated value is based upon the latest sale price for the house of £450,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £450,000 | 29 Jun 2021 |
| £449,950 | 13 Mar 2015 |
| £164,000 | 27 Jun 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 133 sq meters or 1,431 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 June 2021 the House Price Index for BRIGHTON AND HOVE was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £450,000 results in an estimated price of approximately £480,866.
| 29 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £450,000 | £30,866 | £480,866 |
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 | 12.934 % | £58,204 | £508,204 |
| 3 Month Average | -10.390 % | £-46,755 | £403,244 |
| 6 Month Average | -6.289 % | £-28,301 | £421,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £411,055 | £408,000 | FLAT 3 12 CAMBRIDGE ROAD |
| 27 Jan 2023 | £208,171 | £210,000 | FLAT 5 12 CAMBRIDGE ROAD |
| 16 Sep 2022 | £213,405 | £216,000 | FLAT 2 56 CAMBRIDGE ROAD |
| 8 Jun 2022 | £502,089 | £497,000 | 26A CAMBRIDGE ROAD |
| 17 Dec 2021 | £314,780 | £295,000 | FLAT 5 18 CAMBRIDGE ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 15 Sep 2014. Using an estimated price of £480,866 means this house is valued at £3,615 per sq meter (£335 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 61 sq meters (662 sq feet).