£459,553
This estimated value is based upon the latest sale price for the house of £277,500 on 2 Sep 2013. This value is then adjusted by the current Official House Price Index for BRIGHTON AND HOVE 1
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| Price Paid | Date |
|---|---|
| £277,500 | 2 Sep 2013 |
| £175,000 | 23 Nov 2009 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2013 the House Price Index for BRIGHTON AND HOVE was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £277,500 results in an estimated price of approximately £459,553.
| 2 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £277,500 | £182,053 | £459,553 |
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 | 75.411 % | £209,264 | £486,764 |
| 3 Month Average | 65.061 % | £180,545 | £458,045 |
| 6 Month Average | 59.481 % | £165,060 | £442,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £479,676 | £467,500 | 61 NEWMARKET ROAD |
| 10 Mar 2023 | £305,095 | £300,000 | BASEMENT FLAT 37A GLADSTONE PLACE |
| 13 Jul 2022 | £460,615 | £456,000 | 78 NEWMARKET ROAD |
| 7 Jul 2022 | £565,668 | £560,000 | 31 GLADSTONE PLACE |
| 22 Jun 2022 | £261,592 | £256,000 | BASEMENT FLAT 19B GLADSTONE PLACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 3 Jun 2019. Using an estimated price of £459,554 means this house is valued at £5,968 per sq meter (£554 per sq foot).
The average size of a house on NEWMARKET ROAD is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near Newmarket Road | |
| Nov 2024 | Anti-social behaviour | On or near Newmarket Road | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newmarket Road |
| Sep 2024 | Drugs | Local resolution | On or near Newmarket Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newmarket Road |