£603,964
This estimated value is based upon the latest sale price for the house of £485,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £485,000 | 24 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 May 2019 the House Price Index for BRIGHTON AND HOVE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £485,000 results in an estimated price of approximately £603,964.
| 24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £485,000 | £118,964 | £603,964 |
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 | 42.677 % | £206,985 | £691,985 |
| 3 Month Average | 24.292 % | £117,816 | £602,816 |
| 6 Month Average | 15.431 % | £74,839 | £559,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £588,500 | £588,500 | 38 COBDEN ROAD |
| 22 Apr 2024 | £453,942 | £450,000 | 52 COBDEN ROAD |
| 20 Oct 2023 | £532,085 | £520,000 | 58 COBDEN ROAD |
| 27 Sep 2023 | £15,338 | £15,000 | BOILER HOUSE 77 COBDEN ROAD |
| 22 Mar 2023 | £186,108 | £183,000 | 120A ISLINGWORD ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 23 Jan 2019. Using an estimated price of £603,965 means this house is valued at £4,950 per sq meter (£459 per sq foot).
The average size of a house on COBDEN ROAD is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Grant Street |
| Sep 2024 | Public order | Under investigation | On or near Grant Street |
| Aug 2024 | Public order | Awaiting court outcome | On or near Grant Street |
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Islingword Street |
| Nov 2024 | Vehicle crime | Under investigation | On or near Hampden Road |