£590,174
This estimated value is based upon the latest sale price for the house of £490,000 on 10 Mar 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £490,000 | 10 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 March 2020 the House Price Index for BRIGHTON AND HOVE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £490,000 results in an estimated price of approximately £590,174.
| 10 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £490,000 | £100,174 | £590,174 |
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 | -6.873 % | £-33,678 | £456,321 |
| 3 Month Average | 2.072 % | £10,152 | £500,152 |
| 6 Month Average | 16.667 % | £81,667 | £571,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £471,245 | £463,000 | 89 HANOVER STREET |
| 24 Aug 2023 | £504,413 | £500,000 | 23 HANOVER STREET |
| 27 Jul 2023 | £532,162 | £525,000 | 7 HANOVER MEWS |
| 15 Mar 2023 | £540,088 | £535,000 | 75 HANOVER STREET |
| 3 Feb 2023 | £469,684 | £470,000 | 11 HANOVER MEWS |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 1 Jul 2019. Using an estimated price of £590,174 means this house is valued at £5,961 per sq meter (£553 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 Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hanover Mews |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hanover Mews |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hanover Mews |
| Dec 2023 | Drugs | Under investigation | On or near Hanover Mews |