£314,302
This estimated value is based upon the latest sale price for the house of £185,300 on 24 May 2010. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£185,300 | 24 May 2010 |
£140,000 | 21 Aug 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 457 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 May 2010 the House Price Index for BRIGHTON AND HOVE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £185,300 results in an estimated price of approximately £314,302.
24 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.618 % | £185,300 | £129,002 | £314,302 |
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 | 40.842 % | £75,679 | £260,979 |
3 Month Average | 60.706 % | £112,488 | £297,788 |
6 Month Average | 81.357 % | £150,753 | £336,053 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £416,141 | £412,500 | FLAT 6 GLENSIDE COURT, 37 MARINE PARADE |
29 Mar 2023 | £585,516 | £580,000 | 25 MARGARET STREET |
26 Jan 2023 | £427,984 | £430,000 | FLAT 10 GLENSIDE COURT, 37 MARINE PARADE |
11 May 2022 | £397,489 | £389,999 | THIRD FLOOR FLAT 5 LENNOX HOUSE, 40 MARINE PARADE |
1 Apr 2022 | £576,687 | £560,000 | 2 MARGARET STREET |
This house has a floor area of 42 sq meters or 457 sq feet when measured on 8 Apr 2010. Using an estimated price of £314,303 means this house is valued at £7,397 per sq meter (£687 per sq foot).
The average size of a house on NEW STEINE is 53 sq meters (577 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near New Steine |
Mar 2024 | Violence and sexual offences | Under investigation | On or near New Steine |
Mar 2024 | Criminal damage and arson | Under investigation | On or near New Steine |
Mar 2024 | Public order | Under investigation | On or near New Steine |
Feb 2024 | Drugs | Awaiting court outcome | On or near New Steine |