£220,456
This estimated value is based upon the latest sale price for the house of £65,000 on 1 Jun 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 |
---|---|
£65,000 | 1 Jun 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 June 2001 the House Price Index for BRIGHTON AND HOVE was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £65,000 results in an estimated price of approximately £220,456.
1 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 148.6 | 239.164 % | £65,000 | £155,456 | £220,456 |
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 | 169.397 % | £110,108 | £175,108 |
3 Month Average | 213.749 % | £138,937 | £203,937 |
6 Month Average | 265.197 % | £172,378 | £237,378 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £202,590 | £200,000 | 83 ST JAMES'S STREET |
29 Aug 2023 | £416,141 | £412,500 | FLAT 6 GLENSIDE COURT, 37 MARINE PARADE |
29 Mar 2023 | £585,516 | £580,000 | 25 MARGARET STREET |
26 Jan 2023 | £427,984 | £430,000 | FLAT 10 GLENSIDE COURT, 37 MARINE PARADE |
16 Aug 2022 | £289,221 | £290,000 | FLAT 4 41 - 45 ST JAMES'S STREET |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 21 Jan 2020. Using an estimated price of £220,457 means this house is valued at £6,123 per sq meter (£568 per sq foot).
The average size of a house on NEW STEINE is 53 sq meters (577 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (387 sq feet).