£259,434
This estimated value is based upon the latest sale price for the house of £210,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 1 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 October 2019 the House Price Index for BRIGHTON AND HOVE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £210,000 results in an estimated price of approximately £259,434.
| 1 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £210,000 | £49,434 | £259,434 |
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 | 36.358 % | £76,351 | £286,351 |
| 3 Month Average | 19.197 % | £40,312 | £250,312 |
| 6 Month Average | 22.219 % | £46,660 | £256,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £191,664 | £190,000 | 49 FURZE HILL COURT FURZE HILL |
| 12 Apr 2024 | £317,759 | £315,000 | 30 FURZE HILL COURT FURZE HILL |
| 13 Nov 2023 | £270,876 | £264,000 | 28 FURZE HILL COURT FURZE HILL |
| 9 Oct 2023 | £345,855 | £338,000 | 55 FURZE HILL HOUSE FURZE HILL |
| 10 Mar 2023 | £208,482 | £205,000 | 12A FURZE HILL COURT FURZE HILL |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 1 Apr 2019. Using an estimated price of £259,434 means this house is valued at £5,765 per sq meter (£535 per sq foot).
The average size of a house on FURZE HILL is 75 sq meters (814 sq feet).