£396,284
This estimated value is based upon the latest sale price for the house of £232,000 on 7 Feb 2012. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £232,000 | 7 Feb 2012 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 February 2012 the House Price Index for BRIGHTON AND HOVE was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.812%.Applying this 70.812% change to the original purchase price of £232,000 results in an estimated price of approximately £396,284.
| 7 Feb 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.0 | 70.812 % | £232,000 | £164,284 | £396,284 |
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 | 88.270 % | £204,785 | £436,785 |
| 3 Month Average | 72.598 % | £168,427 | £400,427 |
| 6 Month Average | 67.319 % | £156,180 | £388,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £672,727 | £660,000 | 2B MACKIE AVENUE |
| 28 Nov 2023 | £440,657 | £435,000 | 34 CRAIGNAIR AVENUE |
| 20 Jul 2022 | £721,525 | £722,500 | 26 MACKIE AVENUE |
| 16 Oct 2020 | £598,193 | £512,000 | 61 LADIES MILE ROAD |
| 2 Oct 2020 | £470,844 | £403,000 | 21 CRAIGNAIR AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 24 Jul 2014. Using an estimated price of £396,284 means this house is valued at £4,215 per sq meter (£391 per sq foot).
The average size of a house on LADIES MILE ROAD is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ladies Mile Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Warmdene Avenue |
| Mar 2024 | Criminal damage and arson | Local resolution | On or near Warmdene Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warmdene Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ladies' Mile Road |