£315,802
This estimated value is based upon the latest sale price for the house of £292,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £292,000 | 12 Nov 2021 |
| £48,950 | 29 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 November 2021 the House Price Index for BRIGHTON AND HOVE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £292,000 results in an estimated price of approximately £315,802.
| 12 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £292,000 | £23,802 | £315,802 |
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 | 21.561 % | £62,957 | £354,957 |
| 3 Month Average | -20.899 % | £-61,025 | £230,974 |
| 6 Month Average | -4.296 % | £-12,543 | £279,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £299,433 | £295,000 | GROUND FLOOR FLAT (FRONT) 4 CLARENDON TERRACE |
| 4 Apr 2023 | £480,170 | £475,000 | FLAT 1 10 CHESHAM PLACE |
| 31 May 2022 | £392,903 | £385,500 | FLAT 3 5 CHESHAM PLACE |
| 26 Apr 2022 | £473,708 | £460,000 | SECOND FLOOR FLAT 4 16 CHESHAM PLACE |
| 12 Nov 2021 | £315,802 | £292,000 | FLAT 5 11 CHESHAM PLACE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 1 Nov 2018. Using an estimated price of £315,802 means this house is valued at £4,934 per sq meter (£458 per sq foot).
The average size of a house on CHESHAM PLACE is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Chichester Place |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chichester Place |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chichester Place |
| Jan 2024 | Anti-social behaviour | On or near Chichester Place | |
| Jan 2024 | Anti-social behaviour | On or near Chichester Place |