£196,599
This estimated value is based upon the latest sale price for the house of £157,500 on 20 Apr 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £157,500 | 20 Apr 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 April 2018 the House Price Index for BRIGHTON AND HOVE was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £157,500 results in an estimated price of approximately £196,599.
| 20 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £157,500 | £39,099 | £196,599 |
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 | -10.275 % | £-16,183 | £141,316 |
| 3 Month Average | 11.234 % | £17,693 | £175,193 |
| 6 Month Average | 21.799 % | £34,332 | £191,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £233,456 | £230,000 | FLAT 25 VIADUCT LOFTS MELBOURNE STREET |
| 24 Nov 2023 | £357,290 | £352,000 | 15 PEVENSEY ROAD |
| 17 Aug 2023 | £250,189 | £248,000 | FLAT OVER 126 LEWES ROAD |
| 12 Jan 2023 | £218,969 | £220,000 | 89 LEWES ROAD |
| 6 Apr 2022 | £247,152 | £240,000 | 130A LEWES ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 4 Sep 2017. Using an estimated price of £196,600 means this house is valued at £2,849 per sq meter (£264 per sq foot).
The average size of a house on MELBOURNE STREET is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Melbourne Street | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Melbourne Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Street |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Street | |
| Jan 2024 | Anti-social behaviour | On or near Melbourne Street |