£324,518
This estimated value is based upon the latest sale price for the house of £176,500 on 20 Jun 2005. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£176,500 | 20 Jun 2005 |
£170,000 | 22 Mar 2002 |
£72,500 | 15 Dec 1999 |
£55,000 | 3 Mar 1998 |
£49,500 | 21 Feb 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 June 2005 the House Price Index for BRIGHTON AND HOVE was 80.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 83.863%.Applying this 83.863% change to the original purchase price of £176,500 results in an estimated price of approximately £324,518.
20 Jun 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 148.0 | 83.863 % | £176,500 | £148,018 | £324,518 |
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 | 119.356 % | £210,663 | £387,163 |
3 Month Average | 106.275 % | £187,574 | £364,074 |
6 Month Average | 115.108 % | £203,165 | £379,665 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £140,857 | £140,000 | FLAT 6 25 - 26 LOWER ROCK GARDENS |
11 Jul 2023 | £540,109 | £535,000 | FLAT 31 CHAIN PIER HOUSE, 46 - 48 MARINE PARADE |
26 Jan 2023 | £157,616 | £159,000 | THIRD FLOOR FLAT 12 LOWER ROCK GARDENS |
6 Jan 2023 | £292,431 | £295,000 | BASEMENT FLAT 22 LOWER ROCK GARDENS |
17 Aug 2022 | £258,255 | £260,000 | FLAT 1 CHAIN PIER HOUSE, 46 - 48 MARINE PARADE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 18 Jan 2019. Using an estimated price of £324,518 means this house is valued at £4,992 per sq meter (£463 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Rock Place |
Apr 2024 | Robbery | Under investigation | On or near Rock Place |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rock Place |
Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Rock Place |
Apr 2024 | Other crime | Awaiting court outcome | On or near Rock Place |