£2,634,861
This estimated value is based upon the latest sale price for the house of £1,525,000 on 1 Sep 2011. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £1,525,000 | 1 Sep 2011 |
| £1,425,000 | 12 Oct 2007 |
| £416,000 | 10 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 204 sq meters or 2,203 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 2011 the House Price Index for BRIGHTON AND HOVE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £1,525,000 results in an estimated price of approximately £2,634,861.
| 1 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £1,525,000 | £1,109,861 | £2,634,861 |
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 | 40.325 % | £614,955 | £2,139,955 |
| 3 Month Average | 56.418 % | £860,370 | £2,385,370 |
| 6 Month Average | 73.377 % | £1,118,996 | £2,643,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £626,272 | £617,000 | 10 MARINE TERRACE MEWS |
| 15 Sep 2023 | £481,152 | £475,000 | FLAT 7 ROYAL CRESCENT MANSIONS, 100 MARINE PARADE |
| 27 Mar 2023 | £449,232 | £445,000 | FLAT 15 ROYAL CRESCENT MANSIONS, 100 MARINE PARADE |
| 3 Mar 2023 | £651,135 | £645,000 | 7 MARINE TERRACE MEWS |
| 24 Feb 2023 | £403,728 | £404,000 | FLAT 1 2 ROYAL CRESCENT |
This house has a floor area of 204 sq meters or 2,203 sq feet when measured on 2 Nov 2010. Using an estimated price of £2,634,862 means this house is valued at £12,869 per sq meter (£1,195 per sq foot).
The average size of a house on ROYAL CRESCENT is 144 sq meters (1,553 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Royal Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Royal Crescent |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Royal Crescent |
| Jan 2024 | Anti-social behaviour | On or near Royal Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Royal Crescent |