£660,002
This estimated value is based upon the latest sale price for the house of £530,000 on 10 May 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 |
|---|---|
| £530,000 | 10 May 2019 |
| £395,000 | 31 May 2016 |
| £305,000 | 20 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 113 sq meters or 1,216 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 May 2019 the House Price Index for BRIGHTON AND HOVE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £530,000 results in an estimated price of approximately £660,002.
| 10 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £530,000 | £130,002 | £660,002 |
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 | 28.755 % | £152,402 | £682,402 |
| 3 Month Average | 32.116 % | £170,212 | £700,212 |
| 6 Month Average | 29.056 % | £153,997 | £683,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £531,721 | £520,000 | 6F BEDFORD TOWERS KINGS ROAD |
| 17 Aug 2023 | £305,510 | £300,000 | 6E BEDFORD TOWERS KINGS ROAD |
| 8 Feb 2023 | £425,341 | £422,500 | 8C BEDFORD TOWERS KINGS ROAD |
| 31 Jan 2023 | £330,884 | £330,000 | FLAT 3 14 CAVENDISH PLACE |
| 21 Mar 2022 | £339,278 | £325,000 | FLAT 1 13 CAVENDISH PLACE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 4 Apr 2018. Using an estimated price of £660,003 means this house is valued at £5,840 per sq meter (£542 per sq foot).
The average size of a house on KINGS ROAD is 85 sq meters (916 sq feet).