£758,140
This estimated value is based upon the latest sale price for the house of £500,000 on 19 Sep 2014. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 19 Sep 2014 |
| £450,000 | 1 Sep 2011 |
| £392,000 | 3 Dec 2007 |
| £240,000 | 29 Aug 2003 |
| £112,500 | 8 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 127 sq meters or 1,367 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 2014 the House Price Index for BRIGHTON AND HOVE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £500,000 results in an estimated price of approximately £758,140.
| 19 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £500,000 | £258,140 | £758,140 |
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 | 50.637 % | £253,187 | £753,187 |
| 3 Month Average | 45.560 % | £227,799 | £727,799 |
| 6 Month Average | 48.733 % | £243,665 | £743,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £361,096 | £350,000 | FIRST AND SECOND FLOOR MAISONETTE 32 ST GEORGES ROAD |
| 29 Sep 2023 | £245,410 | £240,000 | GROUND FLOOR FLAT 26 MARINE SQUARE |
| 29 Sep 2023 | £306,762 | £300,000 | FLAT 8 117 - 118 MARINE PARADE |
| 16 Feb 2023 | £412,757 | £410,000 | FLAT 4 115 MARINE PARADE |
| 21 Apr 2022 | £326,788 | £315,000 | FLAT 2 12A MARINE SQUARE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 18 Feb 2010. Using an estimated price of £758,140 means this house is valued at £5,969 per sq meter (£554 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Marine Square |