£338,701
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 20 Nov 2020 |
| £198,500 | 5 Aug 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 November 2020 the House Price Index for BRIGHTON AND HOVE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £290,000 results in an estimated price of approximately £338,701.
| 20 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £290,000 | £48,701 | £338,701 |
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 | 18.751 % | £54,378 | £344,378 |
| 3 Month Average | 9.380 % | £27,203 | £317,203 |
| 6 Month Average | 17.034 % | £49,398 | £339,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £430,000 | £430,000 | GARDEN FLAT 29 COMPTON AVENUE |
| 20 Dec 2023 | £378,635 | £367,000 | 8C BUCKINGHAM PLACE |
| 23 Oct 2023 | £526,969 | £515,000 | 3 PALACE MEWS, 33 BATH STREET |
| 19 Oct 2023 | £306,972 | £300,000 | FLAT 2 18 BUCKINGHAM ROAD |
| 18 Aug 2023 | £341,662 | £335,500 | 9A BUCKINGHAM PLACE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 20 Feb 2014. Using an estimated price of £338,701 means this house is valued at £5,210 per sq meter (£484 per sq foot).
The average size of a house on BATH STREET is 58 sq meters (631 sq feet).