£525,234
This estimated value is based upon the latest sale price for the house of £425,000 on 19 Dec 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 |
|---|---|
| £425,000 | 19 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 914 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 2019 the House Price Index for BRIGHTON AND HOVE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £425,000 results in an estimated price of approximately £525,234.
| 19 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £425,000 | £100,234 | £525,234 |
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 | 45.512 % | £193,427 | £618,427 |
| 3 Month Average | 16.699 % | £70,971 | £495,971 |
| 6 Month Average | 14.900 % | £63,323 | £488,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £382,202 | £372,500 | 6 DORCHESTER COURT NORFOLK SQUARE |
| 1 Sep 2023 | £383,453 | £375,000 | 28 LITTLE WESTERN STREET |
| 31 Mar 2023 | £742,398 | £730,000 | FIRST SECOND AND THIRD FLOOR FLAT 15 NORFOLK SQUARE |
| 11 Nov 2022 | £597,207 | £600,000 | 1 - 2 LITTLE WESTERN STREET |
| 30 Jun 2022 | £515,009 | £504,000 | 5 FARMAN STREET |
This house has a floor area of 84 sq meters or 914 sq feet when measured on 6 Nov 2010. Using an estimated price of £525,234 means this house is valued at £6,182 per sq meter (£574 per sq foot).
The average size of a house on LITTLE WESTERN STREET is 94 sq meters (1,020 sq feet).