£357,674
This estimated value is based upon the latest sale price for the house of £210,000 on 18 Sep 2006. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 18 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2006 the House Price Index for BRIGHTON AND HOVE was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £210,000 results in an estimated price of approximately £357,674.
| 18 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £210,000 | £147,674 | £357,674 |
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 | 83.569 % | £175,495 | £385,495 |
| 3 Month Average | 78.905 % | £165,700 | £375,700 |
| 6 Month Average | 95.266 % | £200,058 | £410,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £380,635 | £375,000 | 46 HANOVER TERRACE |
| 31 Mar 2023 | £403,804 | £400,000 | 50 HANOVER TERRACE |
| 3 Mar 2023 | £580,469 | £575,000 | 14 HANOVER TERRACE |
| 18 Nov 2022 | £592,819 | £600,000 | 100 HANOVER TERRACE |
| 31 Aug 2022 | £563,483 | £565,000 | 36 HANOVER TERRACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 2 Oct 2019. Using an estimated price of £357,674 means this house is valued at £4,064 per sq meter (£377 per sq foot).
The average size of a house on HANOVER TERRACE is 94 sq meters (1,014 sq feet).