£1,262,876
This estimated value is based upon the latest sale price for the house of £580,000 on 12 Dec 2003. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£580,000 | 12 Dec 2003 |
£215,000 | 9 Sep 1998 |
Flats/Maisonettes |
Freehold |
Floor Area: 56 sq meters or 602 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 December 2003 the House Price Index for BRIGHTON AND HOVE was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £580,000 results in an estimated price of approximately £1,262,876.
12 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.6 | 117.737 % | £580,000 | £682,876 | £1,262,876 |
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 | 156.222 % | £906,085 | £1,486,085 |
3 Month Average | 140.320 % | £813,853 | £1,393,853 |
6 Month Average | 140.634 % | £815,678 | £1,395,678 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £341,871 | £337,500 | FLAT 8A VERNER HOUSE, 1 - 7 VICTORIA TERRACE |
30 Aug 2023 | £3,909,199 | £3,875,000 | ST CATHERINES LODGE HOTEL, 9 - 12 ST CATHERINES TERRACE |
2 Jun 2023 | £356,822 | £352,500 | FLAT 5 VERNER HOUSE, 1 - 7 VICTORIA TERRACE |
11 Apr 2023 | £7,581,633 | £7,500,000 | COURTENAY TYE COURTENAY TERRACE |
7 Jun 2022 | £239,890 | £236,500 | FLAT 9 VERNER HOUSE, 1 - 7 VICTORIA TERRACE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 18 Apr 2013. Using an estimated price of £1,262,877 means this house is valued at £22,551 per sq meter (£2,095 per sq foot).
The average size of a house on MEDINA TERRACE is 83 sq meters (903 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Medina Terrace |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Medina Terrace |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Medina Terrace |
Jan 2024 | Public order | Under investigation | On or near Medina Terrace |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Medina Terrace |