£321,441
This estimated value is based upon the latest sale price for the house of £315,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 2 Jun 2023 |
| £265,000 | 12 May 2017 |
| £126,000 | 11 Jul 2003 |
| £89,950 | 5 Jul 2002 |
| £56,200 | 6 Aug 1999 |
| £22,500 | 13 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2023 the House Price Index for BRIGHTON AND HOVE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £315,000 results in an estimated price of approximately £321,441.
| 2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £315,000 | £6,441 | £321,441 |
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 | -2.056 % | £-6,474 | £308,525 |
| 3 Month Average | -4.206 % | £-13,249 | £301,750 |
| 6 Month Average | -2.974 % | £-9,368 | £305,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2024 | £7,350 | £7,350 | 54 WARLEIGH ROAD |
| 17 May 2024 | £265,000 | £265,000 | 50A VERE ROAD |
| 8 Sep 2023 | £841,040 | £822,500 | 65 VERE ROAD |
| 2 Jun 2023 | £321,442 | £315,000 | 59A VERE ROAD |
| 2 Feb 2023 | £327,186 | £325,000 | GROUND FLOOR FLAT 48 VERE ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 6 Oct 2016. Using an estimated price of £321,442 means this house is valued at £6,302 per sq meter (£585 per sq foot).
The average size of a house on VERE ROAD is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Vere Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Warleigh Road |
| Oct 2024 | Burglary | Under investigation | On or near Warleigh Road |
| Sep 2024 | Burglary | Under investigation | On or near Warleigh Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Warleigh Road |