£1,990,622
This estimated value is based upon the latest sale price for the house of £2,000,000 on 26 Jan 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 |
|---|---|
| £2,000,000 | 26 Jan 2023 |
| £876,738 | 7 Mar 2011 |
| Terraced |
| Freehold |
| Floor Area: 312 sq meters or 3,362 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 January 2023 the House Price Index for BRIGHTON AND HOVE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £2,000,000 results in an estimated price of approximately £1,990,622.
| 26 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £2,000,000 | £-9,377 | £1,990,622 |
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 | -21.827 % | £-436,540 | £1,563,459 |
| 3 Month Average | -11.541 % | £-230,822 | £1,769,177 |
| 6 Month Average | -0.157 % | £-3,140 | £1,996,859 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £391,856 | £385,000 | FLAT 7 15 - 17 PORTLAND PLACE |
| 30 Aug 2023 | £629,204 | £623,700 | FLAT 9 BRISTOL COURT, 142 MARINE PARADE |
| 30 Jun 2023 | £192,330 | £190,000 | FLAT 6 10 PORTLAND PLACE |
| 26 Jan 2023 | £1,990,623 | £2,000,000 | 24 PORTLAND PLACE |
| 21 Mar 2022 | £331,604 | £320,000 | FLAT 11 15 - 17 PORTLAND PLACE |
This house has a floor area of 312 sq meters or 3,362 sq feet when measured on 15 Oct 2010. Using an estimated price of £1,990,623 means this house is valued at £6,372 per sq meter (£592 per sq foot).
The average size of a house on PORTLAND PLACE is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Portland Place |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Portland Place |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Portland Place |
| Feb 2024 | Vehicle crime | Under investigation | On or near Seymour Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chapel Terrace |