£423,703
This estimated value is based upon the latest sale price for the house of £246,500 on 20 Jan 2012. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£246,500 | 20 Jan 2012 |
£190,000 | 26 Jan 2009 |
£205,000 | 31 Aug 2004 |
£136,000 | 19 Oct 2001 |
£70,000 | 22 May 1998 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 605 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 2012 the House Price Index for BRIGHTON AND HOVE was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £246,500 results in an estimated price of approximately £423,703.
20 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.888 % | £246,500 | £177,203 | £423,703 |
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 | 52.473 % | £129,345 | £375,845 |
3 Month Average | 57.783 % | £142,435 | £388,935 |
6 Month Average | 74.773 % | £184,316 | £430,816 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £121,803 | £120,000 | FLAT 1 27 UPPER WELLINGTON ROAD |
25 Aug 2023 | £217,906 | £216,000 | 4A HASTINGS ROAD |
25 Jul 2023 | £521,012 | £514,000 | 9 FRANKLIN STREET |
10 Feb 2023 | £524,647 | £525,000 | 22 HASTINGS ROAD |
20 Jun 2022 | £557,884 | £550,000 | 16 UPPER WELLINGTON ROAD |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 7 Sep 2010. Using an estimated price of £423,704 means this house is valued at £7,531 per sq meter (£699 per sq foot).
The average size of a house on FRANKLIN STREET is 83 sq meters (894 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (605 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Franklin Street | |
Jan 2024 | Anti-social behaviour | On or near Franklin Street | |
Jan 2024 | Anti-social behaviour | On or near Franklin Street | |
Feb 2024 | Anti-social behaviour | On or near Upper Wellington Road | |
Feb 2024 | Anti-social behaviour | On or near Upper Wellington Road |