£2,311,836
This estimated value is based upon the latest sale price for the house of £495,000 on 1 Jul 1998. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Alice Street
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| Price Paid | Date |
|---|---|
| £495,000 | 1 Jul 1998 |
| Terraced |
| Freehold |
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 1998 the House Price Index for BRIGHTON AND HOVE was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £495,000 results in an estimated price of approximately £2,311,836.
| 1 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 367.038 % | £495,000 | £1,816,836 | £2,311,836 |
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 | 493.341 % | £2,442,037 | £2,937,037 |
| 3 Month Average | 486.992 % | £2,410,611 | £2,905,611 |
| 6 Month Average | 524.809 % | £2,597,806 | £3,092,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £1,318,062 | £1,295,000 | FLAT 4 2 ADELAIDE CRESCENT |
| 1 Dec 2023 | £234,096 | £230,000 | FLAT 3 1 ADELAIDE CRESCENT |
| 28 Jul 2023 | £547,367 | £540,000 | FLAT 2 6 PALMEIRA AVENUE |
| 19 Apr 2023 | £3,244,939 | £3,210,000 | 8 ADELAIDE CRESCENT |
| 24 Feb 2023 | £1,011,819 | £1,012,500 | FLAT 3 2 ADELAIDE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Alice Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alice Street |
| Feb 2024 | Anti-social behaviour | On or near Alice Street | |
| Feb 2024 | Anti-social behaviour | On or near Alice Street | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alice Street |