£171,272
This estimated value is based upon the latest sale price for the house of £170,000 on 12 Apr 2023. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
There has been one burglary within the last year on or near Russell Square
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| Price Paid | Date |
|---|---|
| £170,000 | 12 Apr 2023 |
| £60,000 | 15 Jan 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 April 2023 the House Price Index for BRIGHTON AND HOVE was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £170,000 results in an estimated price of approximately £171,272.
| 12 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £170,000 | £1,272 | £171,272 |
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 | -4.988 % | £-8,480 | £161,519 |
| 3 Month Average | -2.456 % | £-4,174 | £165,825 |
| 6 Month Average | -7.337 % | £-12,473 | £157,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £227,926 | £225,000 | FIRST FLOOR FLAT 17 CLARENCE SQUARE |
| 2 Nov 2023 | £243,121 | £240,000 | GROUND FLOOR FLAT 17 CLARENCE SQUARE |
| 2 Nov 2023 | £202,601 | £200,000 | SECOND FLOOR FLAT 17 CLARENCE SQUARE |
| 12 Apr 2023 | £513,819 | £510,000 | 17 CLARENCE SQUARE |
| 12 Apr 2023 | £171,273 | £170,000 | BASEMENT FLAT 17 CLARENCE SQUARE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 5 Jul 2019. Using an estimated price of £171,273 means this house is valued at £3,114 per sq meter (£289 per sq foot).
The average size of a house on CLARENCE SQUARE is 54 sq meters (583 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Russell Square |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Russell Square |
| Apr 2024 | Anti-social behaviour | On or near Russell Square | |
| Apr 2024 | Robbery | Under investigation | On or near Russell Square |
| Apr 2024 | Bicycle theft | Under investigation | On or near Russell Square |