£623,559
This estimated value is based upon the latest sale price for the house of £415,000 on 10 Dec 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 |
|---|---|
| £415,000 | 10 Dec 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 126 sq meters or 1,356 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 December 2014 the House Price Index for BRIGHTON AND HOVE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £415,000 results in an estimated price of approximately £623,559.
| 10 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £415,000 | £208,559 | £623,559 |
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 | 60.705 % | £251,923 | £666,923 |
| 3 Month Average | 44.060 % | £182,847 | £597,847 |
| 6 Month Average | 42.137 % | £174,870 | £589,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2024 | £255,000 | £255,000 | 55 FURZE CROFT FURZE HILL |
| 22 Mar 2024 | £314,837 | £310,000 | 77 FURZE CROFT FURZE HILL |
| 8 Nov 2023 | £261,642 | £255,000 | 51A FURZE CROFT FURZE HILL |
| 7 Sep 2023 | £251,034 | £245,500 | 6 FURZE CROFT FURZE HILL |
| 11 Aug 2023 | £211,311 | £207,500 | 133A FURZE CROFT FURZE HILL |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 20 Dec 2012. Using an estimated price of £623,559 means this house is valued at £4,948 per sq meter (£459 per sq foot).
The average size of a house on FURZE HILL is 75 sq meters (814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Furze Hill |
| Oct 2024 | Other theft | Under investigation | On or near Furze Hill |
| Oct 2024 | Drugs | Under investigation | On or near Furze Hill |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Furze Hill |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Furze Hill |