£289,838
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Nov 2020. 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 | 27 Nov 2020 |
£240,000 | 15 Apr 2016 |
£118,500 | 20 Apr 2009 |
£132,500 | 31 Mar 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 2020 the House Price Index for BRIGHTON AND HOVE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £250,000 results in an estimated price of approximately £289,838.
27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £250,000 | £39,838 | £289,838 |
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 | -16.022 % | £-40,055 | £209,944 |
3 Month Average | -3.783 % | £-9,458 | £240,541 |
6 Month Average | 11.480 % | £28,699 | £278,699 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £729,823 | £720,000 | 3 GLADSTONE TERRACE |
27 Feb 2023 | £219,852 | £220,000 | FLAT 6 37 WELLINGTON ROAD |
1 Jun 2022 | £275,899 | £272,000 | FLAT 8 HANOVER COURT, 11 WELLINGTON ROAD |
27 May 2022 | £461,190 | £452,500 | FLAT 4 14 LEWES CRESCENT |
13 Dec 2021 | £230,539 | £215,180 | BASEMENT FLAT 18 GLADSTONE TERRACE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 5 Aug 2020. Using an estimated price of £289,838 means this house is valued at £7,245 per sq meter (£673 per sq foot).
The average size of a house on GLADSTONE TERRACE is 56 sq meters (607 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Trinity Street |
Jan 2024 | Robbery | Under investigation | On or near Trinity Street |