£358,133
This estimated value is based upon the latest sale price for the house of £350,000 on 9 Feb 2024. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 9 Feb 2024 |
| £335,000 | 18 Dec 2020 |
| £170,000 | 14 Nov 2013 |
| £65,000 | 30 Apr 2004 |
| £58,000 | 1 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 February 2024 the House Price Index for BRIGHTON AND HOVE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £350,000 results in an estimated price of approximately £358,133.
| 9 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £350,000 | £8,133 | £358,133 |
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 | 22.819 % | £79,865 | £429,865 |
| 3 Month Average | 4.118 % | £14,411 | £364,411 |
| 6 Month Average | 4.282 % | £14,986 | £364,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £374,506 | £365,000 | 44 STANLEY STREET |
| 17 Mar 2022 | £450,979 | £432,000 | 8 STANLEY STREET |
| 7 Mar 2022 | £438,452 | £420,000 | 62 ALBION HILL |
| 22 Sep 2021 | £819,605 | £755,000 | 85 QUEENS PARK ROAD |
| 13 Sep 2021 | £450,511 | £415,000 | 28 STANLEY STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 3 Sep 2020.
The average size of a house on RICHMOND STREET is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Windmill Terrace |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Windmill Terrace |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Street |
| Jul 2024 | Drugs | Under investigation | On or near Richmond Street |
| Jul 2024 | Drugs | Under investigation | On or near Richmond Street |