£589,184
This estimated value is based upon the latest sale price for the house of £315,000 on 24 Mar 2009. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 24 Mar 2009 |
| £250,000 | 6 Oct 2008 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,423 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 March 2009 the House Price Index for BRIGHTON AND HOVE was 80.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.043%.Applying this 87.043% change to the original purchase price of £315,000 results in an estimated price of approximately £589,184.
| 24 Mar 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 149.7 | 87.043 % | £315,000 | £274,184 | £589,184 |
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 | 123.555 % | £389,199 | £704,199 |
| 3 Month Average | 110.645 % | £348,531 | £663,531 |
| 6 Month Average | 104.874 % | £330,354 | £645,354 |
| 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 132 sq meters or 1,423 sq feet when measured on 15 Oct 2008. Using an estimated price of £589,184 means this house is valued at £4,454 per sq meter (£413 per sq foot).
The average size of a house on FURZE HILL is 75 sq meters (814 sq feet).