£298,042
This estimated value is based upon the latest sale price for the house of £89,000 on 20 Jul 2001. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£89,000 | 20 Jul 2001 |
£49,500 | 16 Jan 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 725 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 July 2001 the House Price Index for BRIGHTON AND HOVE was 44.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 234.880%.Applying this 234.880% change to the original purchase price of £89,000 results in an estimated price of approximately £298,042.
20 Jul 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 148.0 | 234.880 % | £89,000 | £209,042 | £298,042 |
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 | 213.643 % | £190,142 | £279,142 |
3 Month Average | 213.488 % | £190,004 | £279,004 |
6 Month Average | 245.097 % | £218,136 | £307,136 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2023 | £316,567 | £314,000 | FLAT 2 59 - 61 MARINE PARADE |
16 Jun 2023 | £267,166 | £265,000 | FLAT 1 NORTHUMBERLAND COURT, 62 - 64 MARINE PARADE |
9 Jun 2023 | £831,744 | £825,000 | 18 GRAFTON STREET |
6 Feb 2023 | £2,488,231 | £2,500,000 | 65 - 66 MARINE PARADE |
14 Oct 2022 | £168,988 | £171,500 | FLAT 1 10 GRAFTON STREET |
This house has a floor area of 67 sq meters or 725 sq feet when measured on 4 Jun 2009. Using an estimated price of £298,043 means this house is valued at £4,423 per sq meter (£410 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).