£511,941
This estimated value is based upon the latest sale price for the house of £349,950 on 23 Jun 2015. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £349,950 | 23 Jun 2015 |
| £240,000 | 2 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 June 2015 the House Price Index for BRIGHTON AND HOVE was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £349,950 results in an estimated price of approximately £511,941.
| 23 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £349,950 | £161,991 | £511,941 |
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 | 80.881 % | £283,044 | £632,994 |
| 3 Month Average | 32.293 % | £113,009 | £462,959 |
| 6 Month Average | 34.133 % | £119,447 | £469,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £451,944 | £445,000 | FLAT 39 ORCHARD HOUSE PARK VIEW ROAD |
| 7 Mar 2024 | £589,050 | £580,000 | 6 CUMBERLAND TERRACE |
| 1 Mar 2024 | £457,022 | £450,000 | FLAT 35 ORCHARD HOUSE PARK VIEW ROAD |
| 18 Dec 2023 | £835,679 | £810,000 | 35 ORCHARD GARDENS |
| 20 Oct 2023 | £910,683 | £890,000 | 20 ORCHARD GARDENS |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 Aug 2014. Using an estimated price of £511,941 means this house is valued at £6,480 per sq meter (£602 per sq foot).
The average size of a house on PARK VIEW ROAD is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Race Track | |
| Apr 2024 | Anti-social behaviour | On or near Race Track | |
| Apr 2024 | Anti-social behaviour | On or near Race Track | |
| Apr 2024 | Anti-social behaviour | On or near Race Track | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Park View Road |