£613,222
This estimated value is based upon the latest sale price for the house of £500,000 on 14 Nov 2019. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£500,000 | 14 Nov 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 2019 the House Price Index for BRIGHTON AND HOVE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £500,000 results in an estimated price of approximately £613,222.
14 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £500,000 | £113,222 | £613,222 |
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 | 1.633 % | £8,163 | £508,163 |
3 Month Average | 23.721 % | £118,603 | £618,603 |
6 Month Average | 17.298 % | £86,491 | £586,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £385,710 | £380,000 | GROUND FLOOR FLAT 42 NORFOLK ROAD |
27 Sep 2023 | £382,389 | £377,500 | 25A BELVEDERE TERRACE |
19 Apr 2022 | £1,400,527 | £1,360,000 | 17 YORK AVENUE |
19 Apr 2022 | £1,441,719 | £1,400,000 | 36 YORK AVENUE |
18 Mar 2022 | £300,516 | £290,000 | 36A NORFOLK ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 Nov 2019. Using an estimated price of £613,223 means this house is valued at £9,017 per sq meter (£837 per sq foot).
The average size of a house on NORFOLK TERRACE is 52 sq meters (563 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Montpelier Place | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Montpelier Place |
Jan 2024 | Anti-social behaviour | On or near Montpelier Place | |
Jan 2024 | Anti-social behaviour | On or near Montpelier Place | |
Jan 2024 | Anti-social behaviour | On or near Montpelier Place |