£381,976
This estimated value is based upon the latest sale price for the house of £250,000 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 11 Jul 2014 |
| £61,950 | 14 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 624 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 July 2014 the House Price Index for BRIGHTON AND HOVE was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £250,000 results in an estimated price of approximately £381,976.
| 11 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £250,000 | £131,976 | £381,976 |
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 | 11.140 % | £27,849 | £277,849 |
| 3 Month Average | 35.494 % | £88,734 | £338,734 |
| 6 Month Average | 56.620 % | £141,550 | £391,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £326,716 | £321,000 | 22 SHANKLIN ROAD |
| 3 Mar 2023 | £209,978 | £208,000 | GROUND FLOOR FLAT 7 SHANKLIN ROAD |
| 24 Nov 2022 | £360,907 | £365,279 | GROUND FLOOR FLAT 42 SHANKLIN ROAD |
| 23 Aug 2022 | £229,881 | £230,500 | FLAT B 11 SHANKLIN ROAD |
| 2 Mar 2022 | £269,428 | £260,000 | 62 SHANKLIN ROAD |
This house has a floor area of 57 sq meters or 624 sq feet when measured on 25 Jan 2011. Using an estimated price of £381,976 means this house is valued at £6,586 per sq meter (£611 per sq foot).
The average size of a house on SHANKLIN ROAD is 63 sq meters (684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Bembridge Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Whippingham Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Whippingham Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Whippingham Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Whippingham Street |