£1,949,102
This estimated value is based upon the latest sale price for the house of £1,915,000 on 8 Dec 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 |
|---|---|
| £1,915,000 | 8 Dec 2023 |
| £915,000 | 30 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 341 sq meters or 3,670 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 2023 the House Price Index for BRIGHTON AND HOVE was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £1,915,000 results in an estimated price of approximately £1,949,102.
| 8 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £1,915,000 | £34,102 | £1,949,102 |
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 | -18.767 % | £-359,387 | £1,555,612 |
| 3 Month Average | -8.805 % | £-168,624 | £1,746,375 |
| 6 Month Average | 2.368 % | £45,353 | £1,960,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £1,949,103 | £1,915,000 | 161 MARINE PARADE |
| 15 Sep 2023 | £354,533 | £350,000 | FLAT 19 1 - 2 PERCIVAL TERRACE |
| 1 Sep 2023 | £557,123 | £550,000 | 12 MILLFIELD COTTAGES |
| 19 Jun 2023 | £435,779 | £430,500 | FLAT 9 1 - 2 PERCIVAL TERRACE |
| 8 Mar 2023 | £671,325 | £665,000 | FLAT 5 17 BELGRAVE PLACE |
This house has a floor area of 341 sq meters or 3,670 sq feet when measured on 17 Nov 2017. Using an estimated price of £1,949,103 means this house is valued at £5,715 per sq meter (£531 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).
This house is the largest in the street with a floor area of 341 sq meters (3,670 sq feet).