£455,084
This estimated value is based upon the latest sale price for the house of £362,000 on 15 Dec 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 |
|---|---|
| £362,000 | 15 Dec 2017 |
| £250,000 | 17 Nov 2009 |
| £280,000 | 25 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 December 2017 the House Price Index for BRIGHTON AND HOVE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £362,000 results in an estimated price of approximately £455,084.
| 15 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £362,000 | £93,084 | £455,084 |
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 | -2.447 % | £-8,857 | £353,142 |
| 3 Month Average | 7.066 % | £25,578 | £387,578 |
| 6 Month Average | 19.101 % | £69,144 | £431,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Feb 2023 | £359,758 | £360,000 | FLAT 12 GLASS PAVILION, 2 PRINCES STREET |
| 10 Jan 2023 | £796,249 | £800,000 | 4 PAVILION PARADE |
| 27 Jul 2022 | £220,594 | £220,000 | FLAT 39 PAVILION COURT GRAND PARADE MEWS |
| 18 May 2022 | £305,761 | £300,000 | FLAT 4 GLASS PAVILION, 2 PRINCES STREET |
| 24 Jan 2022 | £189,433 | £180,000 | FLAT 6 PAVILION COURT GRAND PARADE MEWS |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 29 Aug 2019. Using an estimated price of £455,085 means this house is valued at £7,584 per sq meter (£704 per sq foot).
The average size of a house on GRAND PARADE is 61 sq meters (664 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Awaiting court outcome | On or near Nightclub |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Nightclub |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Theatre/Concert Hall |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Feb 2024 | Other theft | Under investigation | On or near Theatre/Concert Hall |