£328,326
This estimated value is based upon the latest sale price for the house of £254,000 on 7 Apr 2017. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £254,000 | 7 Apr 2017 |
| £178,500 | 11 May 2004 |
| 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 April 2017 the House Price Index for BRIGHTON AND HOVE was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £254,000 results in an estimated price of approximately £328,326.
| 7 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £254,000 | £74,326 | £328,326 |
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 | 1.971 % | £5,006 | £259,006 |
| 3 Month Average | 18.881 % | £47,957 | £301,957 |
| 6 Month Average | 23.951 % | £60,836 | £314,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £304,508 | £300,000 | FLAT 24 MARINERS QUAY |
| 25 Aug 2023 | £241,109 | £239,000 | FLAT 4 THE OCTAGON |
| 19 Jun 2023 | £192,555 | £190,223 | FLAT 25 THE OCTAGON |
| 20 Feb 2023 | £214,855 | £215,000 | FLAT 14 THE OCTAGON |
| 29 Jun 2022 | £263,727 | £260,000 | FLAT 28 THE OCTAGON |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Palm Drive |
| Apr 2024 | Anti-social behaviour | On or near Palm Drive | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Palm Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Palm Drive |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Palm Drive |