£416,133
This estimated value is based upon the latest sale price for the house of £385,000 on 29 Jun 2021. 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 Luther Street
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| Price Paid | Date |
|---|---|
| £385,000 | 29 Jun 2021 |
| £205,000 | 11 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 419 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 2021 the House Price Index for BRIGHTON AND HOVE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £385,000 results in an estimated price of approximately £416,133.
| 29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £385,000 | £31,133 | £416,133 |
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 | 8.900 % | £34,266 | £419,266 |
| 3 Month Average | -2.931 % | £-11,285 | £373,714 |
| 6 Month Average | -3.991 % | £-15,364 | £369,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £428,374 | £417,500 | 20 ELM GROVE |
| 20 Oct 2023 | £532,085 | £520,000 | 58 COBDEN ROAD |
| 14 Aug 2023 | £234,224 | £230,000 | 179B ELM GROVE |
| 7 Aug 2023 | £611,020 | £600,000 | 70 BENTHAM ROAD |
| 22 Feb 2023 | £273,255 | £271,430 | 22 BENTHAM ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 5 Jul 2019. Using an estimated price of £416,134 means this house is valued at £10,670 per sq meter (£991 per sq foot).
The average size of a house on LUTHER STREET is 70 sq meters (756 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Luther Street |
| Jun 2024 | Anti-social behaviour | On or near Bentham Road | |
| Jun 2024 | Anti-social behaviour | On or near Bentham Road | |
| May 2024 | Public order | Under investigation | On or near Bentham Road |
| Apr 2024 | Anti-social behaviour | On or near Bentham Road |