£276,648
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Apr 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 |
|---|---|
| £220,000 | 20 Apr 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 April 2018 the House Price Index for BRIGHTON AND HOVE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £220,000 results in an estimated price of approximately £276,648.
| 20 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £220,000 | £56,648 | £276,648 |
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 | 50.840 % | £111,847 | £331,847 |
| 3 Month Average | 31.144 % | £68,517 | £288,517 |
| 6 Month Average | 33.409 % | £73,500 | £293,500 |
| 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 47 sq meters or 505 sq feet when measured on 6 Nov 2017. Using an estimated price of £276,648 means this house is valued at £5,886 per sq meter (£546 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 | Bicycle theft | Investigation complete; no suspect identified | 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 | Drugs | Under investigation | On or near Furze Hill |
| Sep 2024 | Drugs | Under investigation | On or near Furze Hill |