£156,740
This estimated value is based upon the latest sale price for the house of £39,950 on 1 Feb 2000. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£39,950 | 1 Feb 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 February 2000 the House Price Index for BRIGHTON AND HOVE was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £39,950 results in an estimated price of approximately £156,740.
1 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.9 | 148.6 | 292.341 % | £39,950 | £116,790 | £156,740 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 265.730 % | £106,158 | £146,108 |
3 Month Average | 319.316 % | £127,566 | £167,516 |
6 Month Average | 360.888 % | £144,174 | £184,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £729,823 | £720,000 | 3 GLADSTONE TERRACE |
27 Feb 2023 | £219,852 | £220,000 | FLAT 6 37 WELLINGTON ROAD |
1 Jun 2022 | £275,899 | £272,000 | FLAT 8 HANOVER COURT, 11 WELLINGTON ROAD |
27 May 2022 | £461,190 | £452,500 | FLAT 4 14 LEWES CRESCENT |
13 Dec 2021 | £230,539 | £215,180 | BASEMENT FLAT 18 GLADSTONE TERRACE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 14 Jun 2018. Using an estimated price of £156,740 means this house is valued at £3,198 per sq meter (£297 per sq foot).
The average size of a house on GLADSTONE TERRACE is 56 sq meters (607 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Trinity Street |
Jan 2024 | Robbery | Under investigation | On or near Trinity Street |