£269,882
This estimated value is based upon the latest sale price for the house of £195,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£195,000 | 11 Dec 2015 |
£67,750 | 23 Mar 2001 |
£42,500 | 29 Jan 1999 |
£34,000 | 21 Jul 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 December 2015 the House Price Index for BRIGHTON AND HOVE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £195,000 results in an estimated price of approximately £269,882.
11 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £195,000 | £74,882 | £269,882 |
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 | 11.495 % | £22,414 | £217,414 |
3 Month Average | 19.377 % | £37,785 | £232,785 |
6 Month Average | 37.144 % | £72,430 | £267,430 |
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 40 sq meters or 430 sq feet when measured on 9 Apr 2019. Using an estimated price of £269,883 means this house is valued at £6,747 per sq meter (£626 per sq foot).
The average size of a house on GRAND PARADE is 61 sq meters (664 sq feet).