£585,516
This estimated value is based upon the latest sale price for the house of £580,000 on 29 Mar 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 |
---|---|
£580,000 | 29 Mar 2023 |
£340,000 | 2 Aug 2011 |
£305,000 | 1 Feb 2007 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 March 2023 the House Price Index for BRIGHTON AND HOVE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £580,000 results in an estimated price of approximately £585,516.
29 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.6 | 0.951 % | £580,000 | £5,516 | £585,516 |
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 | -13.188 % | £-76,492 | £503,507 |
3 Month Average | -11.054 % | £-64,115 | £515,884 |
6 Month Average | 1.594 % | £9,245 | £589,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £416,141 | £412,500 | FLAT 6 GLENSIDE COURT, 37 MARINE PARADE |
29 Mar 2023 | £585,516 | £580,000 | 25 MARGARET STREET |
26 Jan 2023 | £427,984 | £430,000 | FLAT 10 GLENSIDE COURT, 37 MARINE PARADE |
11 May 2022 | £397,489 | £389,999 | THIRD FLOOR FLAT 5 LENNOX HOUSE, 40 MARINE PARADE |
1 Apr 2022 | £576,687 | £560,000 | 2 MARGARET STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 25 Aug 2020. Using an estimated price of £585,516 means this house is valued at £5,227 per sq meter (£485 per sq foot).
The average size of a house on MARGARET STREET is 99 sq meters (1,068 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Margaret Street |
Apr 2024 | Theft from the person | Under investigation | On or near Camelford Street |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Camelford Street |
Mar 2024 | Violence and sexual offences | Local resolution | On or near Camelford Street |
Mar 2024 | Robbery | Under investigation | On or near Camelford Street |