£376,444
This estimated value is based upon the latest sale price for the house of £295,000 on 27 Jun 2017. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£295,000 | 27 Jun 2017 |
£245,000 | 22 Aug 2013 |
£234,000 | 31 Aug 2012 |
£229,000 | 11 Dec 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 553 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 June 2017 the House Price Index for BRIGHTON AND HOVE was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £295,000 results in an estimated price of approximately £376,444.
27 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.0 | 27.608 % | £295,000 | £81,444 | £376,444 |
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 | 24.624 % | £72,641 | £367,641 |
3 Month Average | 19.581 % | £57,764 | £352,764 |
6 Month Average | 25.297 % | £74,624 | £369,624 |
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 |
3 Mar 2023 | £769,158 | £765,000 | 4 WYNDHAM STREET |
6 Feb 2023 | £2,488,231 | £2,500,000 | 65 - 66 MARINE PARADE |
This house has a floor area of 51 sq meters or 553 sq feet when measured on 30 Oct 2009. Using an estimated price of £376,444 means this house is valued at £7,318 per sq meter (£679 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Wyndham Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyndham Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyndham Street |