£244,155
This estimated value is based upon the latest sale price for the house of £152,000 on 5 Apr 2007. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£152,000 | 5 Apr 2007 |
£92,000 | 10 Dec 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 2007 the House Price Index for BRIGHTON AND HOVE was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £152,000 results in an estimated price of approximately £244,155.
5 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 148.6 | 60.629 % | £152,000 | £92,155 | £244,155 |
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 | 38.488 % | £58,501 | £210,501 |
3 Month Average | 63.277 % | £96,180 | £248,180 |
6 Month Average | 84.414 % | £128,308 | £280,308 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2023 | £1,079,529 | £1,065,000 | EBENEZER BAPTIST CHAPEL RICHMOND PARADE |
3 Jul 2023 | £151,033 | £149,000 | FIRST FLOOR 14 GRAND PARADE |
6 May 2022 | £276,204 | £271,000 | FLAT 1 27 GRAND PARADE |
25 Apr 2022 | £865,031 | £840,000 | 33 RICHMOND PLACE |
22 Apr 2022 | £97,831 | £95,000 | FLAT 1 10 MORLEY STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 23 Aug 2012. Using an estimated price of £244,156 means this house is valued at £6,598 per sq meter (£613 per sq foot).
The average size of a house on GRAND PARADE is 61 sq meters (664 sq feet).