£317,995
This estimated value is based upon the latest sale price for the house of £315,000 on 17 Mar 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 |
|---|---|
| £315,000 | 17 Mar 2023 |
| £250,000 | 22 Mar 2018 |
| £175,000 | 13 Jul 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 365 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 March 2023 the House Price Index for BRIGHTON AND HOVE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £315,000 results in an estimated price of approximately £317,995.
| 17 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £315,000 | £2,995 | £317,995 |
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 | -13.188 % | £-41,543 | £273,456 |
| 3 Month Average | -11.054 % | £-34,821 | £280,178 |
| 6 Month Average | 1.594 % | £5,021 | £320,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £380,635 | £375,000 | FLAT 11 VICTORIA MANSIONS, 76A MARINE PARADE |
| 28 Jul 2023 | £235,165 | £232,000 | FLAT 2 VICTORIA MANSIONS, 76A MARINE PARADE |
| 3 Jul 2023 | £501,753 | £495,000 | 36 UPPER ST JAMES'S STREET |
| 17 Mar 2023 | £317,996 | £315,000 | FLAT 5 56 MARINE PARADE |
| 22 Jul 2022 | £230,621 | £230,000 | GROUND FLOOR FLAT 23 CHARLOTTE STREET |
This house has a floor area of 33 sq meters or 365 sq feet when measured on 27 Jul 2011. Using an estimated price of £317,996 means this house is valued at £9,366 per sq meter (£870 per sq foot).
The average size of a house on MARINE PARADE is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Upper St James'S Street |
| Feb 2024 | Anti-social behaviour | On or near Upper St James'S Street | |
| Feb 2024 | Anti-social behaviour | On or near Upper St James'S Street | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Marine Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marine Gardens |