£413,484
This estimated value is based upon the latest sale price for the house of £244,000 on 31 Aug 2010. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£244,000 | 31 Aug 2010 |
£185,000 | 11 Aug 2003 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 August 2010 the House Price Index for BRIGHTON AND HOVE was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £244,000 results in an estimated price of approximately £413,484.
31 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.461 % | £244,000 | £169,484 | £413,484 |
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 | 40.059 % | £97,744 | £341,744 |
3 Month Average | 53.863 % | £131,426 | £375,426 |
6 Month Average | 73.663 % | £179,738 | £423,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £474,525 | £467,500 | 61 NEWMARKET ROAD |
16 Feb 2023 | £402,729 | £403,000 | 30 BEAR ROAD |
4 Nov 2022 | £479,196 | £485,000 | 28 BEAR ROAD |
13 Jul 2022 | £457,231 | £456,000 | 78 NEWMARKET ROAD |
16 Jun 2022 | £355,017 | £350,000 | GROUND AND FIRST FLOOR MAISONETTE 23 NEWMARKET ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Mar 2018. Using an estimated price of £413,485 means this house is valued at £4,698 per sq meter (£436 per sq foot).
The average size of a house on NEWMARKET ROAD is 83 sq meters (901 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Newmarket Terrace |
Mar 2024 | Vehicle crime | Under investigation | On or near Newmarket Terrace |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Newmarket Terrace |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Newmarket Terrace |
Feb 2024 | Drugs | Under investigation | On or near Newmarket Terrace |