£427,983
This estimated value is based upon the latest sale price for the house of £430,000 on 26 Jan 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £430,000 | 26 Jan 2023 |
| £235,000 | 26 Jul 2006 |
| £135,000 | 17 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 January 2023 the House Price Index for BRIGHTON AND HOVE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £430,000 results in an estimated price of approximately £427,983.
| 26 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £430,000 | £-2,016 | £427,983 |
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 | -21.827 % | £-93,856 | £336,143 |
| 3 Month Average | -11.541 % | £-49,626 | £380,373 |
| 6 Month Average | -0.157 % | £-675 | £429,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £202,590 | £200,000 | 83 ST JAMES'S STREET |
| 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 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 29 Jun 2020. Using an estimated price of £427,984 means this house is valued at £6,027 per sq meter (£560 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Margaret Street |