£292,484
This estimated value is based upon the latest sale price for the house of £289,335 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Palmeira Place
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| Price Paid | Date |
|---|---|
| £289,335 | 28 Apr 2023 |
| £265,000 | 26 Nov 2018 |
| £153,300 | 16 Mar 2012 |
| £92,000 | 16 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 477 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 2023 the House Price Index for BRIGHTON AND HOVE was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £289,335 results in an estimated price of approximately £292,484.
| 28 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £289,335 | £3,149 | £292,484 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | -4.224 % | £-12,222 | £277,112 |
| 3 Month Average | -4.659 % | £-13,480 | £275,854 |
| 6 Month Average | -7.820 % | £-22,627 | £266,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £177,196 | £175,050 | FLAT 30 GOODWOOD COURT CROMWELL ROAD |
| 28 Apr 2023 | £292,484 | £289,335 | FLAT 1 23 LORNA ROAD |
| 24 Apr 2023 | £196,112 | £194,000 | 56D CROMWELL ROAD |
| 30 Jan 2023 | £423,007 | £425,000 | FLAT 4 57 CROMWELL ROAD |
| 9 Aug 2022 | £299,195 | £300,000 | FLAT 26 LYNDHURST COURT LYNDHURST ROAD |
This house has a floor area of 44 sq meters or 477 sq feet when measured on 19 May 2011. Using an estimated price of £292,484 means this house is valued at £6,590 per sq meter (£612 per sq foot).
The average size of a house on LORNA ROAD is 73 sq meters (787 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Palmeira Place |
| Mar 2024 | Other theft | Under investigation | On or near Palmeira Place |
| Mar 2024 | Burglary | Under investigation | On or near Palmeira Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmeira Place |
| Dec 2023 | Drugs | Under investigation | On or near Palmeira Place |