£428,212
This estimated value is based upon the latest sale price for the house of £325,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 25 Nov 2016 |
| £187,000 | 12 May 2011 |
| £168,450 | 30 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2016 the House Price Index for BRIGHTON AND HOVE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £325,000 results in an estimated price of approximately £428,212.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £325,000 | £103,212 | £428,212 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 42.153 % | £136,997 | £461,997 |
| 3 Month Average | 36.441 % | £118,433 | £443,433 |
| 6 Month Average | 23.017 % | £74,804 | £399,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £881,268 | £870,000 | 74 CHESTER TERRACE |
| 3 Aug 2023 | £887,766 | £880,000 | 107 CHESTER TERRACE |
| 3 Mar 2023 | £948,940 | £940,000 | 119 CHESTER TERRACE |
| 25 Aug 2022 | £977,369 | £980,000 | 14 LUCERNE ROAD |
| 29 Jul 2022 | £752,024 | £750,000 | 78 CHESTER TERRACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 19 Nov 2015. Using an estimated price of £428,212 means this house is valued at £7,136 per sq meter (£663 per sq foot).
The average size of a house on LUCERNE ROAD is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chester Terrace |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lucerne Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lucerne Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lucerne Road |
| Dec 2023 | Other crime | Under investigation | On or near Lucerne Road |