£782,563
This estimated value is based upon the latest sale price for the house of £675,000 on 25 Nov 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£675,000 | 25 Nov 2020 |
£420,000 | 27 Jun 2016 |
£115,500 | 15 Feb 2000 |
£77,000 | 19 Mar 1999 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 955 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 November 2020 the House Price Index for BRIGHTON AND HOVE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £675,000 results in an estimated price of approximately £782,563.
25 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £675,000 | £107,563 | £782,563 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 13.869 % | £93,615 | £768,615 |
3 Month Average | -0.669 % | £-4,516 | £670,483 |
6 Month Average | 5.976 % | £40,335 | £715,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2023 | £678,507 | £672,115 | 41 SHAKESPEARE STREET |
8 Jun 2022 | £284,014 | £280,000 | 8 SHERIDAN MANSIONS SHERIDAN TERRACE |
27 May 2022 | £687,963 | £675,000 | 11 SHAKESPEARE STREET |
4 Apr 2022 | £298,642 | £290,000 | 24 SHERIDAN MANSIONS SHERIDAN TERRACE |
26 Nov 2021 | £732,185 | £677,000 | 32 SHAKESPEARE STREET |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 31 Oct 2008. Using an estimated price of £782,564 means this house is valued at £8,812 per sq meter (£818 per sq foot).
The average size of a house on SHAKESPEARE STREET is 98 sq meters (1,065 sq feet).