£297,271
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Mar 2020. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 Mar 2020 |
| £131,500 | 3 Sep 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 413 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 March 2020 the House Price Index for BRIGHTON AND HOVE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £245,000 results in an estimated price of approximately £297,271.
| 30 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £245,000 | £52,271 | £297,271 |
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 | -4.059 % | £-9,945 | £235,054 |
| 3 Month Average | 0.650 % | £1,592 | £246,592 |
| 6 Month Average | 15.609 % | £38,242 | £283,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £182,809 | £180,000 | FLAT 4A 1 DENMARK TERRACE |
| 5 Jun 2023 | £416,344 | £408,000 | FLAT 3A 1 DENMARK TERRACE |
| 17 Feb 2023 | £422,824 | £420,000 | FLAT 3 18 DENMARK TERRACE |
| 13 Sep 2022 | £556,628 | £557,000 | FLAT 1A 1 DENMARK TERRACE |
| 18 Aug 2022 | £487,278 | £485,000 | FLAT 3 10 DENMARK TERRACE |
This house has a floor area of 38 sq meters or 413 sq feet when measured on 5 May 2009. Using an estimated price of £297,271 means this house is valued at £7,745 per sq meter (£719 per sq foot).
The average size of a house on DENMARK TERRACE is 57 sq meters (621 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Denmark Terrace |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B2122 |
| Oct 2024 | Other theft | Under investigation | On or near St Michael'S Place |
| Oct 2024 | Vehicle crime | Under investigation | On or near St Michael'S Place |
| Sep 2024 | Drugs | Local resolution | On or near St Michael'S Place |