£421,961
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Mar 2005. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Third Avenue
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| Price Paid | Date |
|---|---|
| £225,000 | 18 Mar 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 March 2005 the House Price Index for BRIGHTON AND HOVE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £225,000 results in an estimated price of approximately £421,961.
| 18 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £225,000 | £196,961 | £421,961 |
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 | 137.653 % | £309,718 | £534,718 |
| 3 Month Average | 123.140 % | £277,065 | £502,065 |
| 6 Month Average | 127.205 % | £286,211 | £511,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £400,158 | £390,000 | FLAT 3 15 THIRD AVENUE |
| 31 Oct 2023 | £388,831 | £380,000 | FLAT 3 11 THIRD AVENUE |
| 31 Oct 2023 | £547,433 | £535,000 | FLAT 1 11 THIRD AVENUE |
| 31 Oct 2023 | £547,433 | £535,000 | FLAT 2 11 THIRD AVENUE |
| 6 Apr 2023 | £728,628 | £715,000 | FLAT 5 1 THIRD AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Jun 2021. Using an estimated price of £421,961 means this house is valued at £4,488 per sq meter (£417 per sq foot).
The average size of a house on THIRD AVENUE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Third Avenue | |
| Sep 2024 | Burglary | Under investigation | On or near Third Avenue |