£384,061
This estimated value is based upon the latest sale price for the house of £102,500 on 28 Jul 2000. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£102,500 | 28 Jul 2000 |
£68,500 | 24 Apr 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 July 2000 the House Price Index for BRIGHTON AND HOVE was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £102,500 results in an estimated price of approximately £384,061.
28 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.0 | 149.7 | 274.694 % | £102,500 | £281,561 | £384,061 |
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 | 314.964 % | £322,838 | £425,338 |
3 Month Average | 294.436 % | £301,796 | £404,296 |
6 Month Average | 305.409 % | £313,044 | £415,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2023 | £484,054 | £475,000 | FLAT 1 10 CHESHAM PLACE |
31 May 2022 | £395,812 | £385,500 | FLAT 3 5 CHESHAM PLACE |
26 Apr 2022 | £477,214 | £460,000 | SECOND FLOOR FLAT 4 16 CHESHAM PLACE |
12 Nov 2021 | £318,140 | £292,000 | FLAT 5 11 CHESHAM PLACE |
21 Oct 2021 | £444,753 | £399,000 | FLAT 1 9 CHESHAM PLACE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 20 Jun 2016. Using an estimated price of £384,061 means this house is valued at £5,261 per sq meter (£488 per sq foot).
The average size of a house on CHESHAM PLACE is 70 sq meters (762 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Chichester Place |