£302,451
This estimated value is based upon the latest sale price for the house of £175,000 on 31 Dec 2009. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 31 Dec 2009 |
| £140,000 | 27 Feb 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 414 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 2009 the House Price Index for BRIGHTON AND HOVE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £175,000 results in an estimated price of approximately £302,451.
| 31 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £175,000 | £127,451 | £302,451 |
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 | 58.609 % | £102,565 | £277,565 |
| 3 Month Average | 71.819 % | £125,683 | £300,683 |
| 6 Month Average | 92.869 % | £162,520 | £337,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £286,745 | £282,500 | 2 NEW STEINE MANSIONS DEVONSHIRE PLACE |
| 18 Sep 2023 | £202,590 | £200,000 | 83 ST JAMES'S STREET |
| 28 Jul 2023 | £522,026 | £515,000 | 12 NEW STEINE MANSIONS DEVONSHIRE PLACE |
| 3 Mar 2023 | £345,253 | £342,000 | FLAT 3 DEVONSHIRE MANSIONS DEVONSHIRE PLACE |
| 16 Aug 2022 | £289,221 | £290,000 | FLAT 4 41 - 45 ST JAMES'S STREET |
This house has a floor area of 38 sq meters or 414 sq feet when measured on 29 Sep 2009. Using an estimated price of £302,452 means this house is valued at £7,855 per sq meter (£729 per sq foot).
The average size of a house on NEW STEINE is 53 sq meters (577 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Wentworth Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wentworth Street |
| Feb 2024 | Possession of weapons | Under investigation | On or near Wentworth Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wentworth Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wentworth Street |