£600,723
This estimated value is based upon the latest sale price for the house of £606,000 on 25 Jan 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£606,000 | 25 Jan 2023 |
£432,500 | 26 Oct 2016 |
£280,000 | 20 Sep 2007 |
£197,500 | 15 Aug 2002 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 January 2023 the House Price Index for BRIGHTON AND HOVE was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £606,000 results in an estimated price of approximately £600,723.
25 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.0 | -0.871 % | £606,000 | £-5,276 | £600,723 |
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 | -21.827 % | £-132,271 | £473,728 |
3 Month Average | -11.541 % | £-69,939 | £536,060 |
6 Month Average | -0.157 % | £-951 | £605,048 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £519,835 | £510,000 | 34 WASHINGTON STREET |
22 Jun 2023 | £580,961 | £576,250 | 41 LINCOLN STREET |
15 Jun 2023 | £473,842 | £470,000 | 98 WASHINGTON STREET |
5 Apr 2023 | £382,845 | £380,000 | 33 WASHINGTON STREET |
28 Mar 2023 | £558,016 | £555,000 | 23 LINCOLN STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 17 Aug 2016. Using an estimated price of £600,723 means this house is valued at £6,459 per sq meter (£600 per sq foot).
The average size of a house on LINCOLN STREET is 89 sq meters (961 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Lincoln Cottages |