£489,739
This estimated value is based upon the latest sale price for the house of £375,000 on 8 Dec 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Elder Place
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| Price Paid | Date |
|---|---|
| £375,000 | 8 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 105 sq meters or 1,130 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 2016 the House Price Index for BRIGHTON AND HOVE was 113.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.597%.Applying this 30.597% change to the original purchase price of £375,000 results in an estimated price of approximately £489,739.
| 8 Dec 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.0 | 30.597 % | £375,000 | £114,739 | £489,739 |
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 | 41.091 % | £154,092 | £529,092 |
| 3 Month Average | 30.262 % | £113,481 | £488,481 |
| 6 Month Average | 23.036 % | £86,384 | £461,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £1,797,571 | £1,800,000 | THE HARE AND HOUNDS, 75 LONDON ROAD |
| 30 May 2022 | £446,639 | £440,000 | 7 ROSE HILL TERRACE |
| 27 May 2022 | £227,380 | £224,000 | GROUND FLOOR FLAT 20 ROSE HILL TERRACE |
| 28 Apr 2022 | £237,949 | £232,000 | BASEMENT FLAT 17 ROSE HILL TERRACE |
| 8 Apr 2022 | £289,231 | £282,000 | FLAT 55 KINGSMERE LONDON ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 7 Jul 2021. Using an estimated price of £489,739 means this house is valued at £4,664 per sq meter (£433 per sq foot).
The average size of a house on LONDON ROAD is 72 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Elder Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elder Place |
| Apr 2024 | Burglary | Under investigation | On or near Elder Place |
| Mar 2024 | Other theft | Under investigation | On or near Elder Place |
| Mar 2024 | Bicycle theft | Under investigation | On or near Elder Place |