£600,845
This estimated value is based upon the latest sale price for the house of £345,000 on 27 Oct 2011. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£345,000 | 27 Oct 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 784 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 2011 the House Price Index for BRIGHTON AND HOVE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £345,000 results in an estimated price of approximately £600,845.
27 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.158 % | £345,000 | £255,845 | £600,845 |
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 | 85.238 % | £294,071 | £639,071 |
3 Month Average | 70.479 % | £243,152 | £588,152 |
6 Month Average | 73.197 % | £252,530 | £597,530 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £429,761 | £420,000 | FLAT 33A GWYDYR MANSIONS HOLLAND ROAD |
27 Oct 2023 | £818,592 | £800,000 | FLAT 3 22 PALMEIRA SQUARE |
19 Oct 2023 | £578,131 | £565,000 | FLAT 2 PALMEIRA PLAZA, 63 HOLLAND ROAD |
25 Aug 2023 | £305,510 | £300,000 | FLAT 2 23 LANSDOWNE STREET |
5 Apr 2023 | £407,624 | £400,000 | FLAT 37A GWYDYR MANSIONS HOLLAND ROAD |
This house has a floor area of 72 sq meters or 784 sq feet when measured on 4 Oct 2011. Using an estimated price of £600,845 means this house is valued at £8,244 per sq meter (£765 per sq foot).
The average size of a house on HOLLAND ROAD is 84 sq meters (905 sq feet).