£298,394
This estimated value is based upon the latest sale price for the house of £225,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 22 Jul 2016 |
| £159,950 | 24 Jan 2005 |
| £55,000 | 25 Mar 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2016 the House Price Index for BRIGHTON AND HOVE was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £225,000 results in an estimated price of approximately £298,394.
| 22 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.620 % | £225,000 | £73,394 | £298,394 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 15.239 % | £34,287 | £259,287 |
| 3 Month Average | 25.243 % | £56,796 | £281,796 |
| 6 Month Average | 20.330 % | £45,743 | £270,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £203,215 | £205,000 | FLAT 9 LADIES MILE COURT LADIES MILE ROAD |
| 31 Oct 2022 | £211,851 | £215,000 | FLAT 18 LADIES MILE COURT LADIES MILE ROAD |
| 4 Oct 2022 | £157,656 | £160,000 | FLAT 16 LADIES MILE COURT LADIES MILE ROAD |
| 22 Aug 2022 | £148,993 | £150,000 | FLAT 4 LADIES MILE COURT LADIES MILE ROAD |
| 19 Aug 2022 | £203,624 | £205,000 | FLAT 1 LADIES MILE COURT LADIES MILE ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 24 Feb 2016. Using an estimated price of £298,395 means this house is valued at £5,630 per sq meter (£523 per sq foot).
The average size of a house on OLD LONDON ROAD is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brompton Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brompton Close |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |