£253,029
This estimated value is based upon the latest sale price for the house of £227,000 on 1 Oct 2021. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £227,000 | 1 Oct 2021 |
| £184,000 | 24 Oct 2014 |
| £115,000 | 23 Sep 2005 |
| £104,500 | 6 Jun 2003 |
| £88,000 | 8 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 301 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 October 2021 the House Price Index for BRIGHTON AND HOVE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £227,000 results in an estimated price of approximately £253,029.
| 1 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £227,000 | £26,029 | £253,029 |
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 | -27.446 % | £-62,301 | £164,698 |
| 3 Month Average | -6.067 % | £-13,771 | £213,228 |
| 6 Month Average | -5.497 % | £-12,478 | £214,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £196,023 | £190,000 | FLAT 4 15 GLADSTONE TERRACE |
| 27 Feb 2023 | £221,479 | £220,000 | FLAT 6 37 WELLINGTON ROAD |
| 1 Jun 2022 | £277,941 | £272,000 | FLAT 8 HANOVER COURT, 11 WELLINGTON ROAD |
| 27 May 2022 | £464,604 | £452,500 | FLAT 4 14 LEWES CRESCENT |
| 13 Dec 2021 | £232,245 | £215,180 | BASEMENT FLAT 18 GLADSTONE TERRACE |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 19 Dec 2016. Using an estimated price of £253,030 means this house is valued at £9,036 per sq meter (£839 per sq foot).
The average size of a house on WELLINGTON ROAD is 91 sq meters (988 sq feet).
This house is the smallest in the street with a floor area of 28 sq meters (301 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hanover Mews |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Hanover Mews |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hanover Mews |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hanover Mews |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Milton Road |