£122,210
This estimated value is based upon the latest sale price for the house of £26,000 on 18 Aug 1998. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £26,000 | 18 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 August 1998 the House Price Index for BRIGHTON AND HOVE was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.042%.Applying this 370.042% change to the original purchase price of £26,000 results in an estimated price of approximately £122,210.
| 18 Aug 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.042 % | £26,000 | £96,210 | £122,210 |
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 | 541.945 % | £140,905 | £166,905 |
| 3 Month Average | 508.929 % | £132,321 | £158,321 |
| 6 Month Average | 501.616 % | £130,420 | £156,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £505,534 | £490,000 | 16 HANOVER MEWS |
| 5 Dec 2023 | £477,678 | £463,000 | 89 HANOVER STREET |
| 1 Dec 2023 | £598,387 | £580,000 | 83 HANOVER STREET |
| 15 Mar 2023 | £544,086 | £535,000 | 75 HANOVER STREET |
| 24 Feb 2023 | £286,917 | £285,000 | FLAT 5 23 - 24 HANOVER CRESCENT |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 20 Nov 2018. Using an estimated price of £122,211 means this house is valued at £2,842 per sq meter (£264 per sq foot).
There is one other house on the street which we know the size of, this is 1 HANOVER PLACE it is 201.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Hanover Mews |
| Oct 2024 | Shoplifting | Under investigation | On or near Hanover Mews |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hanover Mews |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near Hanover Mews |
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Hanover Crescent |