£512,317
This estimated value is based upon the latest sale price for the house of £345,000 on 30 Mar 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 |
|---|---|
| £345,000 | 30 Mar 2015 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2015 the House Price Index for BRIGHTON AND HOVE was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £345,000 results in an estimated price of approximately £512,317.
| 30 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £345,000 | £167,317 | £512,317 |
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 | 11.658 % | £40,221 | £385,221 |
| 3 Month Average | 32.871 % | £113,405 | £458,405 |
| 6 Month Average | 41.118 % | £141,857 | £486,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £487,371 | £475,000 | 48 WARENNE ROAD |
| 18 Nov 2022 | £598,353 | £601,151 | 80 HANGLETON VALLEY DRIVE |
| 10 Dec 2021 | £485,689 | £450,000 | 6 MEADS CLOSE |
| 10 Dec 2021 | £593,619 | £550,000 | 83 HANGLETON VALLEY DRIVE |
| 26 Nov 2021 | £603,049 | £553,500 | 153 HANGLETON VALLEY DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Nov 2013. Using an estimated price of £512,318 means this house is valued at £6,403 per sq meter (£594 per sq foot).
There is one other house on the street which we know the size of, this is 2 MEYNERS CLOSE it is 73.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near The Down | |
| Jun 2024 | Anti-social behaviour | On or near The Down | |
| Jun 2024 | Anti-social behaviour | On or near The Down | |
| Jun 2024 | Anti-social behaviour | On or near The Down | |
| Jun 2024 | Anti-social behaviour | On or near The Down |