£423,773
This estimated value is based upon the latest sale price for the house of £417,500 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £417,500 | 10 Nov 2023 |
| £336,000 | 19 Jun 2015 |
| £242,500 | 15 Jan 2010 |
| £182,500 | 19 Jun 2003 |
| £36,000 | 15 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 816 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 2023 the House Price Index for BRIGHTON AND HOVE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £417,500 results in an estimated price of approximately £423,773.
| 10 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £417,500 | £6,273 | £423,773 |
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 | -31.696 % | £-132,332 | £285,167 |
| 3 Month Average | -0.921 % | £-3,846 | £413,653 |
| 6 Month Average | 4.487 % | £18,734 | £436,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £423,774 | £417,500 | 20 ELM GROVE |
| 29 Sep 2023 | £572,318 | £565,000 | 142 ELM GROVE |
| 14 Aug 2023 | £232,030 | £230,000 | 179B ELM GROVE |
| 20 Feb 2023 | £434,707 | £435,000 | 7 LUTHER STREET |
| 31 May 2022 | £446,412 | £438,000 | 17 LUTHER STREET |
This house has a floor area of 75 sq meters or 816 sq feet when measured on 24 Oct 2008. Using an estimated price of £423,774 means this house is valued at £5,583 per sq meter (£518 per sq foot).
The average size of a house on ELM GROVE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Luther Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Luther Street |
| Jan 2024 | Public order | Under investigation | On or near Wellington Street |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Wellington Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Wellington Street |