£476,114
This estimated value is based upon the latest sale price for the house of £287,500 on 11 Sep 2013. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £287,500 | 11 Sep 2013 |
| £137,500 | 26 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 September 2013 the House Price Index for BRIGHTON AND HOVE was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £287,500 results in an estimated price of approximately £476,114.
| 11 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £287,500 | £188,614 | £476,114 |
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 | 75.411 % | £216,805 | £504,305 |
| 3 Month Average | 65.061 % | £187,051 | £474,551 |
| 6 Month Average | 59.481 % | £171,008 | £458,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jan 2023 | £74,198 | £74,000 | GARAGE AT THE BACK OF 78 UPPER LEWES ROAD |
| 12 Jan 2023 | £220,589 | £220,000 | 89 LEWES ROAD |
| 8 Jul 2022 | £606,073 | £600,000 | 18 INVERNESS ROAD |
| 20 May 2022 | £453,310 | £441,500 | 5 INVERNESS ROAD |
| 5 May 2022 | £369,630 | £360,000 | GROUND AND FIRST FLOOR MAISONETTE 6 ABERDEEN ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 13 May 2013. Using an estimated price of £476,114 means this house is valued at £4,491 per sq meter (£417 per sq foot).
The average size of a house on UPPER LEWES ROAD is 81 sq meters (875 sq feet).