£549,172
This estimated value is based upon the latest sale price for the house of £442,500 on 12 Dec 2017. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Palmeira Place
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Price Paid | Date |
---|---|
£442,500 | 12 Dec 2017 |
£379,000 | 6 May 2016 |
£248,000 | 30 Jan 2012 |
£195,000 | 5 Nov 2003 |
£128,500 | 8 Jun 2000 |
£89,000 | 26 Jul 1999 |
£65,000 | 6 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 December 2017 the House Price Index for BRIGHTON AND HOVE was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £442,500 results in an estimated price of approximately £549,172.
12 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 146.7 | 24.107 % | £442,500 | £106,672 | £549,172 |
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 | 21.553 % | £95,372 | £537,872 |
3 Month Average | 21.495 % | £95,115 | £537,615 |
6 Month Average | 16.013 % | £70,859 | £513,359 |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Palmeira Place |
Mar 2024 | Other theft | Under investigation | On or near Palmeira Place |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Palmeira Place |
Dec 2023 | Drugs | Under investigation | On or near Palmeira Place |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmeira Place |