£245,175
This estimated value is based upon the latest sale price for the house of £76,000 on 9 Nov 2001. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £76,000 | 9 Nov 2001 |
| £35,000 | 12 May 1997 |
| 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 2001 the House Price Index for BRIGHTON AND HOVE was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £76,000 results in an estimated price of approximately £245,175.
| 9 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £76,000 | £169,175 | £245,175 |
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 | 359.158 % | £272,959 | £348,959 |
| 3 Month Average | 222.669 % | £169,228 | £245,228 |
| 6 Month Average | 231.821 % | £176,184 | £252,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £593,229 | £575,000 | 2 PRINSEP ROAD |
| 6 Dec 2023 | £521,010 | £505,000 | 52 SHAKESPEARE STREET |
| 23 Mar 2023 | £683,530 | £672,115 | 41 SHAKESPEARE STREET |
| 8 Jun 2022 | £286,116 | £280,000 | 8 SHERIDAN MANSIONS SHERIDAN TERRACE |
| 27 May 2022 | £693,056 | £675,000 | 11 SHAKESPEARE STREET |