£308,981
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Nov 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 |
|---|---|
| £180,000 | 23 Nov 2011 |
| £125,500 | 24 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
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 November 2011 the House Price Index for BRIGHTON AND HOVE was 86.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.656%.Applying this 71.656% change to the original purchase price of £180,000 results in an estimated price of approximately £308,981.
| 23 Nov 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.0 | 71.656 % | £180,000 | £128,981 | £308,981 |
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 | 91.780 % | £165,204 | £345,204 |
| 3 Month Average | 82.255 % | £148,059 | £328,059 |
| 6 Month Average | 63.105 % | £113,588 | £293,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £476,610 | £475,000 | FLAT 8 53 - 54 REGENCY SQUARE |
| 31 Aug 2023 | £342,080 | £340,000 | FLAT 11 LANDSEER HOUSE, 65 - 66 REGENCY SQUARE |
| 20 Jul 2023 | £565,348 | £560,000 | 19A METROPOLE COURT KINGS ROAD |
| 22 Jul 2022 | £489,339 | £490,000 | FLAT 7 128 KINGS ROAD |
| 8 Mar 2022 | £557,322 | £540,000 | FIRST FLOOR FLAT 38 REGENCY SQUARE |