£629,776
This estimated value is based upon the latest sale price for the house of £525,000 on 12 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 |
---|---|
£525,000 | 12 Mar 2020 |
£395,000 | 18 Jan 2013 |
£425,000 | 6 Dec 2007 |
£244,000 | 7 Nov 2006 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £525,000 results in an estimated price of approximately £629,776.
12 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.0 | 19.957 % | £525,000 | £104,776 | £629,776 |
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 | 4.050 % | £21,264 | £546,264 |
3 Month Average | 3.720 % | £19,528 | £544,528 |
6 Month Average | 9.170 % | £48,144 | £573,144 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £384,942 | £380,000 | GROUND FLOOR FLAT 42 NORFOLK ROAD |
4 Aug 2023 | £241,468 | £240,000 | 39A BOROUGH STREET |
14 Feb 2023 | £437,929 | £440,000 | 28B - 28D NORFOLK SQUARE |
18 Mar 2022 | £299,303 | £290,000 | 36A NORFOLK ROAD |
22 Nov 2021 | £231,587 | £215,000 | FLAT 8 7 NORFOLK TERRACE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 9 May 2012. Using an estimated price of £629,776 means this house is valued at £7,680 per sq meter (£713 per sq foot).
The average size of a house on BOROUGH STREET is 95 sq meters (1,023 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Norfolk Road | |
Apr 2024 | Drugs | Under investigation | On or near Norfolk Road |
Apr 2024 | Drugs | Under investigation | On or near Norfolk Road |
Apr 2024 | Drugs | Under investigation | On or near Norfolk Road |
Mar 2024 | Anti-social behaviour | On or near Norfolk Road |