£406,435
This estimated value is based upon the latest sale price for the house of £124,000 on 24 Sep 2001. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £124,000 | 24 Sep 2001 |
| £112,500 | 19 May 2000 |
| £44,000 | 11 Apr 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2001 the House Price Index for BRIGHTON AND HOVE was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £124,000 results in an estimated price of approximately £406,435.
| 24 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £124,000 | £282,435 | £406,435 |
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 | 275.481 % | £341,596 | £465,596 |
| 3 Month Average | 204.191 % | £253,197 | £377,197 |
| 6 Month Average | 223.376 % | £276,986 | £400,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £250,000 | £250,000 | FLAT 15 16 FOURTH AVENUE |
| 9 Nov 2023 | £674,993 | £665,000 | FLAT 8 6 FOURTH AVENUE |
| 28 Jul 2023 | £456,139 | £450,000 | FLAT 10 6 FOURTH AVENUE |
| 30 Mar 2023 | £734,419 | £727,500 | 1A ALBANY VILLAS |
| 23 Jun 2022 | £107,519 | £106,000 | FLAT 1 11 - 13 ALBANY VILLAS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 Nov 2018. Using an estimated price of £406,436 means this house is valued at £7,007 per sq meter (£651 per sq foot).
The average size of a house on ALBANY VILLAS is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Albany Villas |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albany Villas |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albany Villas |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albany Villas |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albany Villas |