£267,754
This estimated value is based upon the latest sale price for the house of £167,500 on 10 Dec 2013. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £167,500 | 10 Dec 2013 |
| £74,950 | 29 Jun 2001 |
| 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 December 2013 the House Price Index for BRIGHTON AND HOVE was 92.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.854%.Applying this 59.854% change to the original purchase price of £167,500 results in an estimated price of approximately £267,754.
| 10 Dec 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.0 | 59.854 % | £167,500 | £100,254 | £267,754 |
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 | 75.953 % | £127,220 | £294,720 |
| 3 Month Average | 62.870 % | £105,307 | £272,807 |
| 6 Month Average | 52.904 % | £88,614 | £256,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £292,769 | £290,000 | FLAT 53 WELLEND VILLAS SPRINGFIELD ROAD |
| 3 Jul 2023 | £297,817 | £295,000 | FLAT 61 WELLEND VILLAS SPRINGFIELD ROAD |
| 1 Apr 2022 | £282,051 | £275,000 | FLAT 84 WELLEND VILLAS SPRINGFIELD ROAD |
| 9 Mar 2022 | £278,661 | £270,000 | FLAT 4 2 PRESTON PARK AVENUE |
| 25 Feb 2022 | £235,004 | £225,000 | FLAT 107 WELLEND VILLAS SPRINGFIELD ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 14 Aug 2013. Using an estimated price of £267,755 means this house is valued at £5,051 per sq meter (£469 per sq foot).
The average size of a house on STANFORD AVENUE is 70 sq meters (755 sq feet).