£499,563
This estimated value is based upon the latest sale price for the house of £340,000 on 24 Apr 2015. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£340,000 | 24 Apr 2015 |
£250,000 | 18 Nov 2010 |
£175,000 | 20 Aug 2009 |
£72,500 | 15 May 1998 |
£52,000 | 11 Oct 1996 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 April 2015 the House Price Index for BRIGHTON AND HOVE was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £340,000 results in an estimated price of approximately £499,563.
24 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £340,000 | £159,563 | £499,563 |
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 | 12.770 % | £43,417 | £383,417 |
3 Month Average | 26.875 % | £91,375 | £431,375 |
6 Month Average | 42.653 % | £145,021 | £485,021 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £121,803 | £120,000 | FLAT 1 27 UPPER WELLINGTON ROAD |
3 Nov 2023 | £235,486 | £232,000 | FLAT C 2 HASTINGS ROAD |
25 Aug 2023 | £217,906 | £216,000 | 4A HASTINGS ROAD |
25 Jul 2023 | £521,012 | £514,000 | 9 FRANKLIN STREET |
4 Apr 2023 | £245,139 | £242,500 | 76A FRANKLIN ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 2 Sep 2020. Using an estimated price of £499,563 means this house is valued at £7,240 per sq meter (£672 per sq foot).
The average size of a house on FRANKLIN STREET is 83 sq meters (894 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Franklin Street | |
Jan 2024 | Anti-social behaviour | On or near Franklin Street | |
Jan 2024 | Anti-social behaviour | On or near Franklin Street | |
Jan 2024 | Anti-social behaviour | On or near Hastings Road | |
Jan 2024 | Anti-social behaviour | On or near Hastings Road |