£620,216
This estimated value is based upon the latest sale price for the house of £585,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £585,000 | 21 Jan 2022 |
| £420,000 | 17 Sep 2014 |
| £279,000 | 21 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 January 2022 the House Price Index for BRIGHTON AND HOVE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £585,000 results in an estimated price of approximately £620,216.
| 21 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £585,000 | £35,216 | £620,216 |
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 | -13.617 % | £-79,656 | £505,343 |
| 3 Month Average | 10.783 % | £63,080 | £648,080 |
| 6 Month Average | 1.400 % | £8,191 | £593,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £384,767 | £375,000 | 46 HANOVER TERRACE |
| 11 Oct 2023 | £486,806 | £475,750 | 70 HANOVER TERRACE |
| 5 Oct 2023 | £575,572 | £562,500 | 42 HANOVER STREET |
| 24 Aug 2023 | £509,184 | £500,000 | 23 HANOVER STREET |
| 31 Mar 2023 | £406,793 | £400,000 | 50 HANOVER TERRACE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 17 Sep 2020. Using an estimated price of £620,216 means this house is valued at £6,393 per sq meter (£594 per sq foot).
The average size of a house on HANOVER TERRACE is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Local resolution | On or near Hanover Street |
| Jun 2024 | Other theft | Under investigation | On or near Coleman Street |