£629,166
This estimated value is based upon the latest sale price for the house of £392,000 on 19 Dec 2013. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £392,000 | 19 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2013 the House Price Index for BRIGHTON AND HOVE was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £392,000 results in an estimated price of approximately £629,166.
| 19 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £392,000 | £237,166 | £629,166 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 65.974 % | £258,616 | £650,616 |
| 3 Month Average | 50.085 % | £196,334 | £588,334 |
| 6 Month Average | 55.457 % | £217,389 | £609,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £622,965 | £615,000 | 5 FULMAR CLOSE |
| 1 Sep 2023 | £660,039 | £651,600 | 16 THE MARTLET |
| 22 Aug 2023 | £832,281 | £825,000 | 41 THE MARTLET |
| 21 Aug 2023 | £524,589 | £520,000 | 61 THE UPPER DRIVE |
| 14 Jul 2023 | £684,209 | £675,000 | 7 KESTREL CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 14 Oct 2013. Using an estimated price of £629,167 means this house is valued at £6,486 per sq meter (£602 per sq foot).
The average size of a house on MERLIN CLOSE is 135 sq meters (1,463 sq feet).
This house is the smallest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Merlin Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Merlin Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near The Martlet |
| Mar 2024 | Vehicle crime | Under investigation | On or near Wincombe Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Greyfriars |