£211,645
This estimated value is based upon the latest sale price for the house of £172,000 on 24 Jun 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 |
|---|---|
| £172,000 | 24 Jun 2019 |
| £110,000 | 18 Dec 2014 |
| £77,500 | 30 May 2003 |
| £60,000 | 30 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 22 sq meters or 236 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 June 2019 the House Price Index for BRIGHTON AND HOVE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £172,000 results in an estimated price of approximately £211,645.
| 24 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £172,000 | £39,645 | £211,645 |
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 | 61.853 % | £106,386 | £278,386 |
| 3 Month Average | 20.547 % | £35,340 | £207,340 |
| 6 Month Average | 19.822 % | £34,093 | £206,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £503,059 | £500,000 | FLAT 1 26 ORIENTAL PLACE |
| 14 Jun 2023 | £263,638 | £261,500 | LOWER GROUND FLOOR FLAT 28 ORIENTAL PLACE |
| 21 Apr 2023 | £302,246 | £300,000 | 6 BURLEIGH COURT, 1 - 2 CAVENDISH PLACE |
| 12 Jan 2023 | £322,170 | £325,000 | 13 BURLEIGH COURT, 1 - 2 CAVENDISH PLACE |
| 15 Nov 2022 | £364,096 | £370,000 | 12 ORIENTAL PLACE |
This house has a floor area of 22 sq meters or 236 sq feet when measured on 16 Dec 2019. Using an estimated price of £211,646 means this house is valued at £9,620 per sq meter (£893 per sq foot).
The average size of a house on ORIENTAL PLACE is 47 sq meters (507 sq feet).