£908,534
This estimated value is based upon the latest sale price for the house of £725,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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Price Paid | Date |
---|---|
£725,000 | 22 Jun 2018 |
£454,200 | 18 Dec 2006 |
£200,000 | 19 Aug 1999 |
£127,000 | 28 Jul 1997 |
Terraced |
Freehold |
Floor Area: 134 sq meters or 1,442 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 June 2018 the House Price Index for BRIGHTON AND HOVE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £725,000 results in an estimated price of approximately £908,534.
22 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £725,000 | £183,534 | £908,534 |
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 | 30.750 % | £222,936 | £947,936 |
3 Month Average | 19.556 % | £141,778 | £866,778 |
6 Month Average | 24.602 % | £178,362 | £903,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £639,087 | £624,999 | 29 CHESTER TERRACE |
23 Jun 2023 | £392,873 | £385,000 | SECOND FLOOR FLAT 3, 71 STANFORD AVENUE |
10 Mar 2023 | £610,190 | £600,000 | 47 CHESTER TERRACE |
19 Jan 2023 | £451,206 | £450,000 | GROUND FLOOR FLAT 58B CHESTER TERRACE |
12 Jan 2023 | £882,358 | £880,000 | 39 CHESTER TERRACE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 14 Jun 2012. Using an estimated price of £908,534 means this house is valued at £6,780 per sq meter (£629 per sq foot).
The average size of a house on CLEVELAND ROAD is 117 sq meters (1,259 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Under investigation | On or near Cleveland Road |
Aug 2024 | Drugs | Local resolution | On or near Cleveland Road |