£262,284
This estimated value is based upon the latest sale price for the house of £90,000 on 10 May 2002. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £90,000 | 10 May 2002 |
| £81,500 | 20 Jul 2001 |
| £44,950 | 10 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 333 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 May 2002 the House Price Index for BRIGHTON AND HOVE was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £90,000 results in an estimated price of approximately £262,284.
| 10 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £90,000 | £172,284 | £262,284 |
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 | 174.483 % | £157,034 | £247,034 |
| 3 Month Average | 180.749 % | £162,673 | £252,673 |
| 6 Month Average | 201.846 % | £181,661 | £271,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £184,990 | £182,500 | FLAT 1 13 - 14 ATLINGWORTH STREET |
| 7 Jul 2023 | £278,752 | £275,000 | FLAT 5 18 ATLINGWORTH STREET |
| 21 Jun 2023 | £317,850 | £314,000 | FLAT 2 59 - 61 MARINE PARADE |
| 30 Sep 2022 | £1,458,224 | £1,470,000 | 17 ATLINGWORTH STREET |
| 13 Apr 2022 | £273,927 | £266,000 | FLAT 3 5 ATLINGWORTH STREET |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 21 Feb 2020. Using an estimated price of £262,285 means this house is valued at £8,460 per sq meter (£786 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).