£1,628,555
This estimated value is based upon the latest sale price for the house of £1,290,000 on 28 Mar 2018. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £1,290,000 | 28 Mar 2018 |
| Detached |
| Freehold |
| Floor Area: 247 sq meters or 2,658 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 2018 the House Price Index for BRIGHTON AND HOVE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £1,290,000 results in an estimated price of approximately £1,628,555.
| 28 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £1,290,000 | £338,555 | £1,628,555 |
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 | 58.643 % | £756,493 | £2,046,493 |
| 3 Month Average | 28.878 % | £372,523 | £1,662,523 |
| 6 Month Average | 34.182 % | £440,945 | £1,730,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £289,065 | £282,500 | FLAT 65 SUSSEX COURT EATON ROAD |
| 12 Sep 2023 | £293,981 | £287,500 | FLAT A3 HATFIELD COURT, 35 SALISBURY ROAD |
| 15 Jun 2023 | £382,669 | £375,000 | FLAT 16 THE ATHENAEUM, 32 SALISBURY ROAD |
| 27 Jan 2023 | £385,530 | £384,500 | FLAT 11 THE ATHENAEUM, 32 SALISBURY ROAD |
| 21 Dec 2021 | £377,758 | £350,000 | FLAT 17 LANSDOWNE COURT, 25 LANSDOWNE ROAD |
This house has a floor area of 247 sq meters or 2,658 sq feet when measured on 26 Jun 2014. Using an estimated price of £1,628,556 means this house is valued at £6,593 per sq meter (£612 per sq foot).
The average size of a house on PALMEIRA AVENUE is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Palmeira Avenue |
| Sep 2024 | Anti-social behaviour | On or near Palmeira Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Palmeira Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Palmeira Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Palmeira Avenue |