£987,456
This estimated value is based upon the latest sale price for the house of £675,000 on 2 Jun 2015. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £675,000 | 2 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2015 the House Price Index for BRIGHTON AND HOVE was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £675,000 results in an estimated price of approximately £987,456.
| 2 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £675,000 | £312,456 | £987,456 |
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 | 40.486 % | £273,281 | £948,281 |
| 3 Month Average | 29.041 % | £196,029 | £871,029 |
| 6 Month Average | 39.606 % | £267,339 | £942,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Aug 2024 | £400,000 | £400,000 | 11 LAURISTON ROAD |
| 7 Jun 2024 | £350,000 | £350,000 | FIRST FLOOR FLAT 11 LAURISTON ROAD |
| 29 Sep 2023 | £511,526 | £500,250 | 9 CUMBERLAND LODGE CUMBERLAND ROAD |
| 24 Mar 2023 | £320,350 | £315,000 | 4 CUMBERLAND LODGE CUMBERLAND ROAD |
| 27 Jan 2023 | £426,139 | £425,000 | 3 CUMBERLAND LODGE CUMBERLAND ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 31 Jul 2014. Using an estimated price of £987,457 means this house is valued at £9,059 per sq meter (£841 per sq foot).
The average size of a house on CUMBERLAND ROAD is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Under investigation | On or near Lauriston Road |