£397,218
This estimated value is based upon the latest sale price for the house of £230,000 on 17 May 2011. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 17 May 2011 |
| £105,000 | 14 Feb 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 May 2011 the House Price Index for BRIGHTON AND HOVE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £230,000 results in an estimated price of approximately £397,218.
| 17 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £230,000 | £167,218 | £397,218 |
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 | 36.938 % | £84,957 | £314,957 |
| 3 Month Average | 56.969 % | £131,027 | £361,027 |
| 6 Month Average | 78.120 % | £179,676 | £409,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £423,774 | £417,500 | 20 ELM GROVE |
| 29 Sep 2023 | £572,318 | £565,000 | 142 ELM GROVE |
| 14 Aug 2023 | £232,030 | £230,000 | 179B ELM GROVE |
| 20 Feb 2023 | £434,707 | £435,000 | 7 LUTHER STREET |
| 31 May 2022 | £446,412 | £438,000 | 17 LUTHER STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 17 Aug 2021. Using an estimated price of £397,219 means this house is valued at £4,365 per sq meter (£405 per sq foot).
The average size of a house on ELM GROVE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Luther Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Luther Street |
| Jan 2024 | Public order | Under investigation | On or near Wellington Street |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Wellington Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Wellington Street |