£462,132
This estimated value is based upon the latest sale price for the house of £363,500 on 17 Oct 2017. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £363,500 | 17 Oct 2017 |
| £210,000 | 8 Jun 2005 |
| £58,750 | 14 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 October 2017 the House Price Index for BRIGHTON AND HOVE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £363,500 results in an estimated price of approximately £462,132.
| 17 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £363,500 | £98,632 | £462,132 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 49.483 % | £179,871 | £543,371 |
| 3 Month Average | 24.404 % | £88,708 | £452,208 |
| 6 Month Average | 21.804 % | £79,255 | £442,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jan 2023 | £74,198 | £74,000 | GARAGE AT THE BACK OF 78 UPPER LEWES ROAD |
| 12 Jan 2023 | £220,589 | £220,000 | 89 LEWES ROAD |
| 9 Aug 2022 | £231,081 | £230,000 | 9A EDINBURGH ROAD |
| 8 Jul 2022 | £606,073 | £600,000 | 18 INVERNESS ROAD |
| 20 May 2022 | £453,310 | £441,500 | 5 INVERNESS ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 23 May 2017. Using an estimated price of £462,133 means this house is valued at £5,192 per sq meter (£482 per sq foot).
The average size of a house on INVERNESS ROAD is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near Inverness Road | |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Inverness Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Inverness Road |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Inverness Road |
| Nov 2024 | Public order | Under investigation | On or near Inverness Road |