£659,326
This estimated value is based upon the latest sale price for the house of £400,000 on 4 Oct 2013. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 4 Oct 2013 |
| £330,000 | 6 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 October 2013 the House Price Index for BRIGHTON AND HOVE was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £400,000 results in an estimated price of approximately £659,326.
| 4 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £400,000 | £259,326 | £659,326 |
The Postcode Pricing Model uses changes in average sales price within the BN3 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 | 137.799 % | £551,194 | £951,194 |
| 3 Month Average | 63.578 % | £254,310 | £654,310 |
| 6 Month Average | 66.009 % | £264,037 | £664,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £749,012 | £732,000 | 6 MERLIN CLOSE |
| 14 Sep 2023 | £628,863 | £615,000 | 5 FULMAR CLOSE |
| 1 Sep 2023 | £666,288 | £651,600 | 16 THE MARTLET |
| 22 Aug 2023 | £840,153 | £825,000 | 41 THE MARTLET |
| 21 Aug 2023 | £529,551 | £520,000 | 61 THE UPPER DRIVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 17 Sep 2013. Using an estimated price of £659,327 means this house is valued at £6,659 per sq meter (£618 per sq foot).
The average size of a house on MERLIN CLOSE is 135 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Merlin Close |
| Jul 2024 | Anti-social behaviour | On or near Merlin Close | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Merlin Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merlin Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wincombe Road |