£1,014,533
This estimated value is based upon the latest sale price for the house of £770,000 on 28 Nov 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £770,000 | 28 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2016 the House Price Index for BRIGHTON AND HOVE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £770,000 results in an estimated price of approximately £1,014,533.
| 28 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £770,000 | £244,533 | £1,014,533 |
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 | 24.174 % | £186,143 | £956,143 |
| 3 Month Average | 20.001 % | £154,008 | £924,008 |
| 6 Month Average | 21.850 % | £168,247 | £938,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £527,814 | £520,000 | 15 LOWER MARKET STREET |
| 25 Aug 2023 | £241,109 | £239,000 | FLAT 5 WELLINGTON COURT 1-2 WATERLOO STREET |
| 2 Jun 2023 | £242,943 | £240,000 | FLAT 7 70 BRUNSWICK PLACE |
| 31 Mar 2023 | £355,348 | £352,000 | FLAT 1 15 WATERLOO STREET |
| 10 Jan 2023 | £796,249 | £800,000 | 2 BRUNSWICK STREET WEST |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 30 Jun 2015. Using an estimated price of £1,014,533 means this house is valued at £7,459 per sq meter (£693 per sq foot).
The average size of a house on LOWER MARKET STREET is 115 sq meters (1,246 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Lower Market Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower Market Street |
| Mar 2024 | Burglary | Under investigation | On or near Waterloo Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Waterloo Street |
| Mar 2024 | Burglary | Under investigation | On or near Waterloo Street |