£243,132
This estimated value is based upon the latest sale price for the house of £210,000 on 30 Jul 2021. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 30 Jul 2021 |
| £108,000 | 4 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 363 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 2021 the House Price Index for BRIGHTON AND HOVE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £210,000 results in an estimated price of approximately £243,132.
| 30 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £210,000 | £33,132 | £243,132 |
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 | 26.893 % | £56,474 | £266,474 |
| 3 Month Average | 0.016 % | £34 | £210,034 |
| 6 Month Average | -0.793 % | £-1,665 | £208,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 May 2022 | £278,249 | £271,000 | FLAT 1 27 GRAND PARADE |
| 25 Apr 2022 | £871,434 | £840,000 | 33 RICHMOND PLACE |
| 22 Apr 2022 | £98,555 | £95,000 | FLAT 1 10 MORLEY STREET |
| 16 Feb 2022 | £146,848 | £139,000 | FLAT 122 THE COURTYARD CIRCUS STREET |
| 28 Jan 2022 | £259,749 | £245,000 | FLAT 3 16 GRAND PARADE |
This house has a floor area of 33 sq meters or 363 sq feet when measured on 28 Mar 2012. Using an estimated price of £243,132 means this house is valued at £7,201 per sq meter (£669 per sq foot).
The average size of a house on GRAND PARADE is 61 sq meters (664 sq feet).