£418,460
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Mar 2013. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 14 Mar 2013 |
| £184,500 | 26 Nov 2004 |
| £163,000 | 28 Sep 2001 |
| £68,000 | 26 Feb 2001 |
| 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 March 2013 the House Price Index for BRIGHTON AND HOVE was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £250,000 results in an estimated price of approximately £418,460.
| 14 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £250,000 | £168,460 | £418,460 |
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 | 78.093 % | £195,231 | £445,231 |
| 3 Month Average | 66.503 % | £166,256 | £416,256 |
| 6 Month Average | 70.029 % | £175,072 | £425,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £303,885 | £300,000 | FLAT 8 117 - 118 MARINE PARADE |
| 18 Jul 2023 | £329,434 | £325,000 | THE BALCONY FLAT 98 - 99 ST GEORGES ROAD |
| 15 Mar 2023 | £328,091 | £325,000 | LOWER GROUND FLOOR FLAT 3 118 MARINE PARADE |
| 16 Feb 2023 | £409,724 | £410,000 | FLAT 4 115 MARINE PARADE |
| 21 Apr 2022 | £437,665 | £425,000 | FLAT 1 12A MARINE SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marine Parade |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |