£1,232,546
This estimated value is based upon the latest sale price for the house of £1,000,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £1,000,000 | 14 Feb 2020 |
| £475,000 | 7 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 155 sq meters or 1,672 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 2020 the House Price Index for BRIGHTON AND HOVE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,232,546.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £1,000,000 | £232,546 | £1,232,546 |
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 | 15.286 % | £152,855 | £1,152,855 |
| 3 Month Average | 14.304 % | £143,037 | £1,143,037 |
| 6 Month Average | 13.588 % | £135,877 | £1,135,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £430,736 | £417,500 | GROUND FLOOR FLAT AT 16 NORFOLK ROAD |
| 29 Nov 2023 | £389,897 | £380,000 | GROUND FLOOR FLAT 42 NORFOLK ROAD |
| 10 Mar 2023 | £839,012 | £825,000 | 26 NORFOLK ROAD |
| 14 Feb 2023 | £442,959 | £440,000 | 28B - 28D NORFOLK SQUARE |
| 31 Mar 2022 | £273,510 | £262,000 | FLAT 5 11 NORFOLK ROAD |
This house has a floor area of 155 sq meters or 1,672 sq feet when measured on 1 Oct 2010. Using an estimated price of £1,232,547 means this house is valued at £7,931 per sq meter (£736 per sq foot).
The average size of a house on NORFOLK ROAD is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Norfolk Road | |
| Jun 2024 | Vehicle crime | Under investigation | On or near Norfolk Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Road |
| Apr 2024 | Anti-social behaviour | On or near Norfolk Road | |
| Apr 2024 | Drugs | Offender given a caution | On or near Norfolk Road |