£481,383
This estimated value is based upon the latest sale price for the house of £223,000 on 12 Jan 2004. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £223,000 | 12 Jan 2004 |
| £187,500 | 25 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 January 2004 the House Price Index for BRIGHTON AND HOVE was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £223,000 results in an estimated price of approximately £481,383.
| 12 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £223,000 | £258,383 | £481,383 |
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 | 203.818 % | £454,513 | £677,513 |
| 3 Month Average | 155.725 % | £347,266 | £570,266 |
| 6 Month Average | 137.575 % | £306,793 | £529,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £126,500 | £126,500 | FLAT 2 24 DORSET GARDENS |
| 31 May 2024 | £295,000 | £295,000 | FLAT 1 8 DORSET GARDENS |
| 31 May 2024 | £238,000 | £238,000 | FLAT 3 24 DORSET GARDENS |
| 18 Dec 2023 | £534,422 | £518,000 | 10 CAMELFORD STREET |
| 6 Dec 2023 | £758,301 | £735,000 | 17 CAMELFORD STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 1 Aug 2018. Using an estimated price of £481,384 means this house is valued at £4,962 per sq meter (£461 per sq foot).
The average size of a house on CAVENDISH STREET is 76 sq meters (828 sq feet).