£449,792
This estimated value is based upon the latest sale price for the house of £365,000 on 9 Oct 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Castle Street
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| Price Paid | Date |
|---|---|
| £365,000 | 9 Oct 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 October 2018 the House Price Index for BRIGHTON AND HOVE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £365,000 results in an estimated price of approximately £449,792.
| 9 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £365,000 | £84,792 | £449,792 |
The Postcode Pricing Model uses changes in average sales price within the BN1 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 | 0.281 % | £1,024 | £366,024 |
| 3 Month Average | 23.974 % | £87,506 | £452,506 |
| 6 Month Average | 13.646 % | £49,809 | £414,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £440,935 | £435,000 | FLAT 44 RUSSELL HOUSE RUSSELL MEWS |
| 28 Apr 2023 | £358,864 | £355,000 | FLAT 19 RUSSELL HOUSE RUSSELL MEWS |
| 15 Aug 2022 | £309,168 | £310,000 | FLAT 16 RUSSELL HOUSE RUSSELL MEWS |
| 12 Aug 2022 | £394,937 | £396,000 | FLAT 33 RUSSELL HOUSE RUSSELL MEWS |
| 29 Jun 2022 | £248,512 | £245,000 | FLAT 2-8 46 REGENCY SQUARE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 26 Mar 2021. Using an estimated price of £449,793 means this house is valued at £7,254 per sq meter (£673 per sq foot).
The average size of a house on RUSSELL MEWS is 59 sq meters (644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Castle Street |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Castle Street |
| Feb 2024 | Burglary | Under investigation | On or near Castle Street |
| Jan 2024 | Bicycle theft | Under investigation | On or near Castle Street |
| Dec 2023 | Robbery | Under investigation | On or near Castle Street |