£590,189
This estimated value is based upon the latest sale price for the house of £475,000 on 8 Jul 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 |
|---|---|
| £475,000 | 8 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 127 sq meters or 1,367 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 July 2019 the House Price Index for BRIGHTON AND HOVE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £475,000 results in an estimated price of approximately £590,189.
| 8 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £475,000 | £115,189 | £590,189 |
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 | 47.799 % | £227,046 | £702,046 |
| 3 Month Average | 24.706 % | £117,353 | £592,353 |
| 6 Month Average | 18.389 % | £87,347 | £562,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £818,592 | £800,000 | FLAT 3 22 PALMEIRA SQUARE |
| 25 Aug 2023 | £305,510 | £300,000 | FLAT 2 23 LANSDOWNE STREET |
| 10 Mar 2023 | £305,095 | £300,000 | FLAT 2 21 LANSDOWNE STREET |
| 24 Jan 2023 | £717,918 | £716,000 | 5 LANSDOWNE STREET |
| 26 Aug 2022 | £426,997 | £425,000 | FLAT 3 25 LANSDOWNE PLACE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 1 May 2019. Using an estimated price of £590,190 means this house is valued at £4,647 per sq meter (£431 per sq foot).
The average size of a house on HOLLAND ROAD is 84 sq meters (905 sq feet).