£905,367
This estimated value is based upon the latest sale price for the house of £520,000 on 21 Dec 2009. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £520,000 | 21 Dec 2009 |
| £265,000 | 16 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,489 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 December 2009 the House Price Index for BRIGHTON AND HOVE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £520,000 results in an estimated price of approximately £905,367.
| 21 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £520,000 | £385,367 | £905,367 |
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 | 118.586 % | £616,644 | £1,136,644 |
| 3 Month Average | 94.502 % | £491,412 | £1,011,412 |
| 6 Month Average | 89.938 % | £467,677 | £987,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £680,000 | £680,000 | 55 FRESHFIELD ROAD |
| 15 Sep 2023 | £272,507 | £266,500 | FLAT 5 7 EVELYN TERRACE |
| 7 Aug 2023 | £349,809 | £343,500 | GROUND FLOOR FLAT 9 EVELYN TERRACE |
| 27 Mar 2023 | £1,311,909 | £1,290,000 | 12 EAST DRIVE |
| 27 Mar 2023 | £1,728,872 | £1,700,000 | 23 EAST DRIVE |
This house has a floor area of 138 sq meters or 1,489 sq feet when measured on 2 Jul 2009. Using an estimated price of £905,367 means this house is valued at £6,541 per sq meter (£607 per sq foot).
The average size of a house on FRESHFIELD ROAD is 108 sq meters (1,168 sq feet).