£555,843
This estimated value is based upon the latest sale price for the house of £515,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £515,000 | 17 Dec 2021 |
| £176,000 | 12 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2021 the House Price Index for BRIGHTON AND HOVE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £515,000 results in an estimated price of approximately £555,843.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £515,000 | £40,843 | £555,843 |
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 | 60.536 % | £311,759 | £826,759 |
| 3 Month Average | 2.197 % | £11,314 | £526,314 |
| 6 Month Average | 4.982 % | £25,656 | £540,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £345,108 | £337,500 | FLAT 8A VERNER HOUSE, 1 - 7 VICTORIA TERRACE |
| 2 Jun 2023 | £359,709 | £352,500 | FLAT 5 VERNER HOUSE, 1 - 7 VICTORIA TERRACE |
| 8 Feb 2023 | £120,807 | £120,000 | 1A SUSSEX ROAD |
| 7 Jun 2022 | £241,666 | £236,500 | FLAT 9 VERNER HOUSE, 1 - 7 VICTORIA TERRACE |
| 25 May 2022 | £569,846 | £555,000 | 21 SUSSEX ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Jun 2021. Using an estimated price of £555,844 means this house is valued at £7,036 per sq meter (£653 per sq foot).
The average size of a house on VICTORIA COTTAGES is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Sussex Road | |
| Jun 2024 | Anti-social behaviour | On or near Sussex Road | |
| Jun 2024 | Anti-social behaviour | On or near Sussex Road | |
| Jun 2024 | Anti-social behaviour | On or near Sussex Road | |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Sussex Road |