£683,766
This estimated value is based upon the latest sale price for the house of £550,000 on 11 Apr 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 |
|---|---|
| £550,000 | 11 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2018 the House Price Index for BRIGHTON AND HOVE was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £550,000 results in an estimated price of approximately £683,766.
| 11 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £550,000 | £133,766 | £683,766 |
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 | 3.837 % | £21,102 | £571,102 |
| 3 Month Average | 15.410 % | £84,756 | £634,756 |
| 6 Month Average | 19.719 % | £108,456 | £658,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £830,048 | £825,000 | 41 THE MARTLET |
| 12 Jul 2023 | £706,685 | £700,000 | 8 THE MARTLET |
| 21 Mar 2022 | £696,653 | £675,000 | 7 MERLIN CLOSE |
| 17 Dec 2021 | £229,416 | £215,000 | FLAT 4 243 DYKE ROAD |
| 19 Nov 2021 | £437,322 | £406,000 | UPPER GLENSIDE WINCOMBE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Sep 2017. Using an estimated price of £683,766 means this house is valued at £7,770 per sq meter (£721 per sq foot).
The average size of a house on THE MARTLET is 112 sq meters (1,207 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Wincombe Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near The Martlet |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Merlin Close |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Merlin Close |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |