£414,334
This estimated value is based upon the latest sale price for the house of £89,000 on 18 Sep 1998. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £89,000 | 18 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 1998 the House Price Index for BRIGHTON AND HOVE was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £89,000 results in an estimated price of approximately £414,334.
| 18 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 148.6 | 365.544 % | £89,000 | £325,334 | £414,334 |
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 | 376.910 % | £335,450 | £424,450 |
| 3 Month Average | 429.074 % | £381,876 | £470,876 |
| 6 Month Average | 507.074 % | £451,296 | £540,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £474,525 | £467,500 | 61 NEWMARKET ROAD |
| 10 Mar 2023 | £302,853 | £300,000 | BASEMENT FLAT 37A GLADSTONE PLACE |
| 24 Aug 2022 | £309,168 | £310,000 | BASEMENT FLAT 21B GLADSTONE PLACE |
| 13 Jul 2022 | £457,231 | £456,000 | 78 NEWMARKET ROAD |
| 7 Jul 2022 | £561,512 | £560,000 | 31 GLADSTONE PLACE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 13 Oct 2018. Using an estimated price of £414,335 means this house is valued at £4,062 per sq meter (£377 per sq foot).
The average size of a house on NEWMARKET ROAD is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Newmarket Road |
| Jan 2024 | Other crime | Under investigation | On or near Newmarket Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Newmarket Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Newmarket Road |
| Mar 2024 | Anti-social behaviour | On or near Bus/Coach Station |