£218,922
This estimated value is based upon the latest sale price for the house of £138,250 on 17 Feb 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 |
|---|---|
| £138,250 | 17 Feb 2014 |
| £116,500 | 1 Oct 2004 |
| £99,000 | 28 Feb 2003 |
| £87,500 | 13 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2014 the House Price Index for BRIGHTON AND HOVE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £138,250 results in an estimated price of approximately £218,922.
| 17 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £138,250 | £80,672 | £218,922 |
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 | 42.624 % | £58,928 | £197,178 |
| 3 Month Average | 49.255 % | £68,095 | £206,345 |
| 6 Month Average | 63.328 % | £87,550 | £225,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £350,000 | £350,000 | FLAT 3 10 RICHMOND PLACE |
| 17 Nov 2023 | £253,757 | £250,000 | FLAT 8 21 - 23 RICHMOND ROAD |
| 10 Nov 2023 | £223,306 | £220,000 | FLAT 2 21 - 23 RICHMOND ROAD |
| 31 Jul 2023 | £299,025 | £295,000 | FLAT 4 LEE BANK GROVE HILL |
| 19 Jul 2023 | £1,079,529 | £1,065,000 | EBENEZER BAPTIST CHAPEL RICHMOND PARADE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 18 Sep 2013. Using an estimated price of £218,922 means this house is valued at £4,975 per sq meter (£462 per sq foot).
The average size of a house on ALBION STREET is 68 sq meters (741 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Albion Street |
| Jan 2024 | Anti-social behaviour | On or near Albion Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Albion Street |
| Dec 2023 | Anti-social behaviour | On or near Albion Street | |
| Dec 2023 | Anti-social behaviour | On or near Albion Street |