£538,725
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 18 Jul 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 July 2014 the House Price Index for BRIGHTON AND HOVE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £350,000 results in an estimated price of approximately £538,725.
| 18 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £350,000 | £188,725 | £538,725 |
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 | 34.809 % | £121,830 | £471,830 |
| 3 Month Average | 38.103 % | £133,360 | £483,360 |
| 6 Month Average | 48.927 % | £171,244 | £521,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £226,974 | £220,000 | FLAT 1 COASTAL PLACE, 55 NEW CHURCH ROAD |
| 27 Oct 2023 | £2,174,385 | £2,125,000 | 3 COURTYARD LANE |
| 31 Aug 2023 | £407,347 | £400,000 | FLAT 17 COASTAL PLACE, 55 NEW CHURCH ROAD |
| 12 Jun 2023 | £428,589 | £420,000 | 7A RICHARDSON ROAD |
| 24 Aug 2022 | £371,738 | £370,000 | FLAT 29 COASTAL PLACE, 57 NEW CHURCH ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 Jan 2011. Using an estimated price of £538,725 means this house is valued at £6,996 per sq meter (£649 per sq foot).
The average size of a house on NEW CHURCH ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Richardson Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Richardson Road |
| Sep 2024 | Other theft | Under investigation | On or near Richardson Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Richardson Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Richardson Road |