£513,479
This estimated value is based upon the latest sale price for the house of £225,000 on 22 Sep 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 |
|---|---|
| £225,000 | 22 Sep 2003 |
| £130,000 | 15 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 September 2003 the House Price Index for BRIGHTON AND HOVE was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £225,000 results in an estimated price of approximately £513,479.
| 22 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £225,000 | £288,479 | £513,479 |
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 | 93.778 % | £211,001 | £436,001 |
| 3 Month Average | 113.644 % | £255,697 | £480,697 |
| 6 Month Average | 142.592 % | £320,832 | £545,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £471,245 | £463,000 | 89 HANOVER STREET |
| 1 Dec 2023 | £590,329 | £580,000 | 83 HANOVER STREET |
| 24 Aug 2023 | £504,413 | £500,000 | 23 HANOVER STREET |
| 15 Mar 2023 | £540,088 | £535,000 | 75 HANOVER STREET |
| 24 Feb 2023 | £284,808 | £285,000 | FLAT 5 23 - 24 HANOVER CRESCENT |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 17 Jul 2020. Using an estimated price of £513,479 means this house is valued at £5,034 per sq meter (£467 per sq foot).
The average size of a house on HANOVER STREET is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Hanover Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanover Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanover Crescent |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Hanover Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Southover Place |