£548,166
This estimated value is based upon the latest sale price for the house of £447,000 on 25 Oct 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 |
|---|---|
| £447,000 | 25 Oct 2019 |
| £255,000 | 27 Jun 2005 |
| £77,000 | 5 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 October 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 22.632%.Applying this 22.632% change to the original purchase price of £447,000 results in an estimated price of approximately £548,166.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £447,000 | £101,166 | £548,166 |
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 | 80.606 % | £360,307 | £807,307 |
| 3 Month Average | 6.837 % | £30,562 | £477,562 |
| 6 Month Average | 9.721 % | £43,453 | £490,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £294,577 | £292,000 | 85 HEREFORD COURT HEREFORD STREET |
| 29 Jul 2022 | £455,476 | £454,250 | FLAT 2 55 EGREMONT PLACE |
| 27 Jul 2022 | £339,915 | £339,000 | 32 TILLSTONE STREET |
| 22 Jul 2022 | £250,675 | £250,000 | FLAT 8 PATCHING LODGE PARK STREET |
| 7 Jun 2022 | £377,840 | £372,500 | 41 TILLSTONE STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 24 Jun 2019. Using an estimated price of £548,166 means this house is valued at £5,075 per sq meter (£471 per sq foot).
The average size of a house on PARK STREET is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Park Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Park Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tillstone Street |
| Mar 2024 | Anti-social behaviour | On or near Park Hill | |
| Mar 2024 | Anti-social behaviour | On or near Park Hill |