£372,416
This estimated value is based upon the latest sale price for the house of £300,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 9 Nov 2018 |
| £200,000 | 12 Nov 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2018 the House Price Index for BRIGHTON AND HOVE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £300,000 results in an estimated price of approximately £372,416.
| 9 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £300,000 | £72,416 | £372,416 |
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 | 31.576 % | £94,729 | £394,729 |
| 3 Month Average | 19.986 % | £59,959 | £359,959 |
| 6 Month Average | 22.808 % | £68,424 | £368,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £434,580 | £425,000 | FLAT 9 EDWARD HOUSE, 43 NEW CHURCH ROAD |
| 14 Jul 2022 | £373,745 | £370,000 | 5 DEREK HOUSE, 45 NEW CHURCH ROAD |
| 25 Jan 2022 | £371,069 | £350,000 | 62 DEREK HOUSE, 45 NEW CHURCH ROAD |
| 18 Jun 2021 | £340,473 | £315,000 | 15 DEREK HOUSE, 45 NEW CHURCH ROAD |
| 7 Dec 2020 | £309,864 | £268,000 | FLAT 1 EDWARD HOUSE, 43 NEW CHURCH ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 2 Jul 2018. Using an estimated price of £372,416 means this house is valued at £4,900 per sq meter (£455 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 |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rutland Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rutland Gardens |
| Aug 2024 | Drugs | Under investigation | On or near Rutland Gardens |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rutland Gardens |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Rutland Gardens |