£292,946
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Jul 2016. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 5 Jul 2016 |
| £160,000 | 4 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
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 July 2016 the House Price Index for BRIGHTON AND HOVE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £220,000 results in an estimated price of approximately £292,946.
| 5 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £220,000 | £72,946 | £292,946 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 18.786 % | £41,329 | £261,329 |
| 3 Month Average | 10.393 % | £22,864 | £242,864 |
| 6 Month Average | 23.378 % | £51,431 | £271,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £266,913 | £263,500 | FLAT 9B PALMEIRA AVENUE MANSIONS, 17 - 19 CHURCH ROAD |
| 24 Mar 2023 | £474,470 | £470,000 | FLAT 7 PALMEIRA AVENUE MANSIONS, 17 - 19 CHURCH ROAD |
| 22 Feb 2023 | £764,486 | £765,000 | GROUND FLOOR FLAT 19 PALMEIRA AVENUE |
| 31 Aug 2022 | £259,302 | £260,000 | FLAT 2 AVENUE COURT PALMEIRA AVENUE |
| 30 May 2022 | £389,846 | £382,500 | FLAT 21B PALMEIRA AVENUE MANSIONS, 21 - 23 CHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Rochester Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Rochester Gardens | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Salisbury Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Salisbury Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salisbury Road |